Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 7,860, 3,069 total housing units (homes and apartments), and a median house value of $549,291, Gilford real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Gilford, accounting for 78.44% of the town's housing units. Other types of housing that are prevalent in Gilford include mobile homes or trailers ( 9.04%), large apartment complexes or high rise apartments ( 6.79%), and a few row houses and other attached homes ( 3.66%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Gilford. Owner-occupied housing accounts for 90.28% of Gilford's homes, and 56.08% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Gilford built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Gilford built between 2000 and later ( 23.80%). A lesser amount of the housing stock also hails from between 1940-1969 ( 23.47%). There's also some housing in Gilford built before 1939 ( 7.12%).
A decent proportion of the Gilford housing stock is seasonally occupied. That is, homes and condos in Gilford are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Gilford housing market speaks to its popularity as a vacation location of choice.
In the last 10 years, Gilford has experienced some of the highest home appreciation rates of any community in the nation. Gilford real estate appreciated 140.91% over the last ten years, which is an average annual home appreciation rate of 9.19%, putting Gilford in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Gilford definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Gilford's appreciation rate, at 7.04%, has been at or slightly above the national average. In the latest quarter, Gilford's appreciation rate has been 1.13%, which annualizes to a rate of 4.60%.
Relative to New Hampshire, our data show that Gilford's latest annual appreciation rate is higher than 50% of the other cities and towns in New Hampshire.
$549,291
for New hampshire
for nation
3,069
$2,571 / per month