The housing in Gerald, MO is highly desirable due to its median value of $203,300 being much lower than the national median of $338,100. In addition, the 1 year appreciation rate for houses in Gerald is higher than the national average at 10.38%, making it an attractive option for prospective homeowners. This makes Gerald an ideal location for those looking to invest in a house or purchase one as a primary residence and still benefit from promising returns.
The median home cost in Gerald is $203,300. Home appreciation the last 10 years has been 70.0%. Home Appreciation in Gerald is up 15.0%.
Average Age of Homes
- The median age of Gerald real estate is 39 years old
The Rental Market in Gerald
- Renters make up 31.6% of the Gerald population
- 5.7% of houses and apartments in Gerald, 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.