Homes in Gerber, ND have a median value of $225,900, which is significantly lower than the US House median value of $338,100. Despite this difference in value, houses in Gerber have seen a higher appreciation rate over the last year at 9.41%, compared to 8.27% nationally. This indicates that homes in Gerber are becoming more valuable over time despite their current price point being lower than national average.
The median home cost in Gerber is $225,900. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Gerber is up 10.5%.
Average Age of Homes
- The median age of Gerber real estate is 46 years old
The Rental Market in Gerber
- Renters make up 0.0% of the Gerber population
- 0.0% of houses and apartments in Gerber, 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.