Gervais, Oregon is an attractive area for homeowners looking for a place to settle. The housing median value in the area is $382,600, which is higher than the US house median value of $338,100. However, the housing appreciation rate in Gervais is 6.12%, which is slightly lower than the US 1 year house appreciation rate of 8.27%. Despite this discrepancy, Gervais is a desirable community with strong potential for future growth in property values.
The median home cost in Gervais is $382,600. Home appreciation the last 10 years has been 140.8%. Home Appreciation in Gervais is up 12.2%.
Average Age of Homes
- The median age of Gervais real estate is 22 years old
The Rental Market in Gervais
- Renters make up 15.2% 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.