Housing in Gerrish, MI is quite affordable compared to the national median value of $338,100. In Gerrish, the median housing value is $190,600 and has seen an appreciation of 9.86% over the past year. This appreciation rate is higher than the US average of 8.27% for the same period, signaling that Gerrish real estate is a great investment opportunity for potential buyers. The affordability of homes in Gerrish makes it an attractive option for any prospective homeowner looking for a comfortable home with good growth potential.
The median home cost in Gerrish is $190,600. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Gerrish is up 15.7%.
Average Age of Homes
- The median age of Gerrish real estate is 39 years old
The Rental Market in Gerrish
- Renters make up 4.2% of the Gerrish population
- 0.7% of houses and apartments in Gerrish, 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.