Home prices
The median home in Gilmer costs $118,400. In comparison to the surrounding areas it is about $6,880 (5%) lower.Compared to the nation as a whole it is about $99,100 (45%) lower, and is about $29,700 (20%) lower in comparison to the city of Shreveport.
Rents
In Gilmer the median rent is $679 per month. Compared to its nearby areas this is roughly $349 (33%) lower.In comparison to the rest of the nation it is about $383 (36%) lower, and is approximately $133 (16%) lower compared to the city of Shreveport.
Nearby places
East Mountain
East Mountain is roughly 10 miles southeast from Gilmer. Housing prices there are a little more expensive. The value of the median home in East Mountain is $154,800, which is $36,400 (23%) higher than Gilmer. Its rents are a little more expensive. East Mountain's median rent is $953 a month, which works out to $274 (28%) higher than Gilmer.
Union Grove
Union Grove is about 11 miles south of Gilmer. Its real estate prices are similar. The price of the median home in Union Grove is $118,200, which is very similar to Gilmer. Its rents are a lot more expensive. Union Grove's median monthly rent is $1,075, which works out to $396 (36%) higher than Gilmer.
Ore City
Ore City is roughly 12 miles northeast of Gilmer. Its real estate prices are a lot less expensive. The median home in Ore City is valued at $78,000, which is $40,400 (51%) lower than Gilmer. Rents there are a bit more expensive. The median rent in Ore City is $788 a month, which comes out to $109 (13%) higher than Gilmer.
Holly Lake Ranch
Holly Lake Ranch is roughly 13 miles west of Gilmer. Its real estate prices are somewhat more expensive. Holly Lake Ranch's median home price is $152,800, which comes out to $34,400 (22%) higher than Gilmer. Rent there is substantially more expensive. In Holly Lake Ranch the median rent is $1,388 per month, which comes out to $709 (51%) higher than Gilmer.
Warren City
Warren City is approximately 13 miles south from Gilmer. The housing prices there are fairly similar. The value of the median home in Warren City is $122,600, which works out to $4,200 (3%) higher than Gilmer. Rent there is a little more expensive. In Warren City the median monthly rent is $938, which is $259 (27%) higher than Gilmer.
