Gervais, MN is a great place to invest in housing. The median value of homes in Gervais is $214,700, which is lower than the US median of $338,100. This makes it an attractive option for prospective buyers looking for affordability. Additionally, home appreciation in Gervais has been growing steadily at 9.54%, versus 8.27% across the US. This higher rate of appreciation suggests that investments in Gervais real estate have strong potential for returns over the long term.
The median home cost in Gervais is $214,700. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Gervais is up 14.7%.
Average Age of Homes
- The median age of Gervais real estate is 47 years old
The Rental Market in Gervais
- Renters make up 10.6% of the Gervais population
- 0.0% of houses and apartments in Gervais, 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.