13776, Gilbertsville, NY

Gilbertsville, NY is located in the Southern Tier region of New York. The population of Gilbertsville was 10,851 as of the 2010 census. Gilbertsville is a small town with a population density of only 1,500 people per square mile. Home prices in Gilbertsville have increased significantly over the past few years and are now among some of the highest in the Southern Tier region.

The median home price in Gilbertsville was $237,000 as of March 2016. This represents an increase of 116% from January 2013 when the median home price was $116,000. The average home value in Gilbertsville has increased by 128% over this same time period. In March 2016 there were 2,924 homes for sale in Gilbertsville compared to 1,521 homes for sale one year earlier. This indicates that there has been a significant increase in demand for homes in Gilbertsville over the past year or so.

One reason that home prices have increased so much in Gilbertsville is that it is located within close proximity to both Buffalo and Rochester (two major metropolitan areas). Additionally,Gilbert'sville is situated on top of a natural gas reserve which has led to an influx of new residents and investment into the area over recent years. As a result, there are currently no major restrictions on housing availability or price growth within Gilbert'sville which may be contributing to its high rates of home value appreciation.