Bankruptcy Homes in Gillette, WY

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Home Value Estimator For Gillette, WY

There are currently 12,305 real estate properties in Gillette, WY, with a median automated valuation model (AVM) price of $138,176.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gillette, WY, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Gillette, WY, is $169,828.00, with the most expensive house in Gillette, WY, topping out at $6,959,300.00 and the cheapest home in Gillette, WY, clocking in at $10,002.00. In other words, there’s something for every potential homebuyer or savvy investor in Gillette, WY!

Rent Prices In Gillette, WY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gillette, WY, is on a rollercoaster ride. The average rent price in Gillette, WY, is $1,204.00. Indeed, when looking to rent in Gillette, WY, you can expect to pay as little as $590.00 or as much as $2,620.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Gillette, WY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In Gillette, WY In 2024

Gillette is located in Campbell, Wyoming, with an estimated municipal population of 32,030 residents. All of the best foreclosed homes for sale in Gillette are located in the following zip code areas on 82718 82716. The estimated population per square kilometer (.62 miles) in Gillette is 538.

Cost Of Living In Gillette, WY

So, about how much do homes cost in Gillette? The most recent median value of resident-owned homes in Gillette is 211,044. An estimated 69.9 percent of households in Gillette own their homes, with an average family size of 3.21. The median household income in Gillette is 79,789, with37 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Gillette, the median commute time of resident workers (in minutes) is 19.8. And last, but certainly not least, are you looking for homes to rent in Gillette? If so, the average rent price paid by renters in Gillette is 898, according to recent statistics.

Diversity And Demographics In Gillette, Wyoming

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Gillette, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Gillette is 31.4, split between 50.4 percent male versus 49.6 female. The percentage of residents who report being married in Gillette is 55.7, with an average family size of 3.21.

The percentage of residents who report their race in Gillette is as follows:

White 93%
Black / African American 0.5%
Asian 0.6%
American Indian / Alaskan Native 1.8%
Native Hawaiian / Other Pacifc Islander 0.2%
Multi-racial 3.2%
Other 0.7%

Looking for family-friendly neighborhoods in and/or near Gillette? Or maybe you are searching for 55+ active adult communities in and/or near Gillette?

The percentage of residents who report their age in Gillette is as follows:

Under 10 18.4%
Aged 10-19 13.3%
20s 15.6%
30s 14.8%
40s 12.1%
50s 12.6%
60s 7.9%
70s 3.4%
80+ 1.7%

Best Schools In Gillette, Wyoming

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Gillette with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Gillette.

Pros And Cons Of Living In Gillette, Wyoming

How do you know that living in -- or moving to -- Gillette is right where you need to be? Perhaps you grew up in Gillette or already live nearby; therefore, the decision to buy a home in Gillette is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Gillette for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Gillette:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Gillette.

Reasons To Move To Gillette, Wyoming, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Gillette can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Gillette, meanwhile, can field multiple offers from more qualified buyers.

Gillette, WY Bankruptcy Homes


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