The story of this market
The typical home in ZIP 16925 sells for about $165,000, or $112 per square foot.
Prices are up +3.1% from a year ago, so sellers still have some momentum. Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $947 a month.
ZIP 16925 — Gillett
The 16925 housing market remains a stable, low-turnover rural environment with modest price appreciation. Limited inventory and consistent demand from local residents continue to support current pricing levels, though the market lacks the high-velocity activity seen in more urbanized areas.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with affordable housing options, though it requires a commute for most professional employment.
Median prices moved up 3.1% year over year.
Homes spend a median of 84 days on market with 4.5 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.1% · poverty 11.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 16925, Bradford County PA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Schools in the Gillett area are primarily served by the Troy Area School District, which maintains a rural, community-focused educational environment.
The area is subject to standard regional risks including seasonal flooding in low-lying areas and winter weather impacts; property insurance remains stable but sensitive to regional hazard trends.
Economic momentum is driven by local agricultural and small-scale industrial operations, with limited large-scale commercial development currently underway.
Property taxes are assessed at the county and school district levels; Pennsylvania utilizes a common level ratio for assessments, and homeowners may qualify for the Homestead Exclusion.
Residents primarily rely on personal vehicles for commuting, with travel times to regional employment hubs like Elmira, NY, typically ranging from 20 to 30 minutes.
The area offers access to rural outdoor activities including hiking, fishing, and local parks, with limited immediate access to large-scale shopping or entertainment venues.
The rental market is characterized by low inventory and steady demand from local workers, with limited turnover and minimal short-term rental saturation.
The local economy is anchored by agriculture, manufacturing, and small business services, with many residents commuting to nearby Elmira for broader employment opportunities.
Transportation is heavily dependent on private vehicle use via state routes; public transit options are extremely limited in this rural geography.
Development is primarily focused on residential infill and small-scale agricultural improvements rather than large-scale commercial projects.
The Bradford County Assessment Office manages property valuations based on historical cost and market data.
Parcels are subject to school district taxes, county taxes, and local municipal levies; no major MUD/PID districts are prevalent.
Property insurance premiums are generally moderate, reflecting the rural nature of the area and standard fire/weather risk profiles.
Pennsylvania is a judicial foreclosure state, requiring court action to initiate the process.
Sellers are required to provide a comprehensive property disclosure statement covering known material defects.
Data retrieved from data.census.gov using ZCTA 16925 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Local community space for outdoor recreation and events.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.