Gering, NE Housing

Gering, Nebraska is a small city with a population of approximately 8,000 people. The median housing value in the city is $165,600, which is much lower than the national average of $338,100. However, Gering has seen an impressive growth in its housing values over the past year; it’s rate of appreciation is 10.45%, significantly higher than the national average of 8.27%. This suggests that Gering is becoming an increasingly desirable place to live for many people, leading to rising house prices even as other parts of the country remain relatively flat.

The median home cost in Gering is $165,600. Home appreciation the last 10 years has been 80.6%. Home Appreciation in Gering is up 15.2%.

Average Age of Homes

- The median age of Gering real estate is 47 years old

The Rental Market in Gering

- Renters make up 24.6% of the Gering population
- 1.3% of houses and apartments in Gering, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Gering, Nebraska	United States
	3,597.0	139,647,020.0
	48	42
	$165,600	$338,100
	15.2%	16.6%
	46.9%	57.0%
	80.6%	101.1%
	$15.27	$10.98
	$2,242	$2,690
	68.4%	57.4%
	9.0%	11.2%
	22.6%	31.4%
Vacant Housing
	1.3%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	7.7%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	0.1%	2.4%
	5.9%	2.8%
	8.1%	3.9%
	9.8%	4.5%
	26.8%	11.3%
	24.6%	13.0%
	20.6%	20.1%
	0.4%	13.6%
	2.1%	8.3%
	0.7%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	14.2%	13.6%
	14.2%	13.6%
	3.6%	13.6%
	6.8%	13.2%
	33.0%	14.8%
	3.6%	13.6%
	9.1%	10.0%
	9.3%	4.7%
	8.1%	12.2%