A typical Gilmer home is worth roughly $228,000
What kind of housing town is Gilmer?
Read from the numbers below. The page puts what stands out first.
98% of Gilmer households own their home
Half of Gilmer’s homes were built before 1989.
Illinois: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
A typical home costs 2.7 years of income
Less than across Illinois (3.6 years). Try your own numbers below.
That covers a typical Gilmer home, with $81K to spare.
A two-bedroom rents for about $1,140 a month here, $320 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Gilmer’s typical property tax (1.42% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,140
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Adams County, IL): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Gilmer vs. its neighbors
Gilmer is the 2nd least expensive of 6 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Gilmer | $228K* | — | $1,140 | $84,662 |
| Ellington | $234K* | +12.8%† | $1,170 | $105,901 |
| Burton | $244K* | — | $1,040 | $109,219 |
| Columbus | $268K* | — | $940 | $105,581 |
| Honey Creek | $162K* | — | $1,100 | $88,438 |
| Fowler | $246K | +12.3% | $1,160 | — |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Gilmer buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.