The housing in 89412 Gerlach, NV is substantially higher than the US median house value of $338,100. The median value of a home in 89412 Gerlach, NV is currently $551,800. This is over 60% higher than the US median and shows that homes in this area tend to be much more expensive. While the US one year house appreciation rate was 8.27%, just 4.72% was seen in 89412 Gerlach, NV since last year. This could indicate that home prices may be leveling off in this area or that a further decrease may be seen soon. Regardless, it is evident that homes in 89412 Gerlach are far more expensive than the national average and prospective buyers should investigate options carefully before making any decisions.
The median home cost in Gerlach (zip 89412) is $551,800. Home appreciation the last 10 years has been 200.5%. Home Appreciation in Gerlach (zip 89412) is up 12.6%.
Average Age of Homes
- The median age of Gerlach (zip 89412) real estate is 44 years old
The Rental Market in Gerlach (zip 89412)
- Renters make up 0.0% of the Gerlach (zip 89412) population
- 11.0% of houses and apartments in Gerlach (zip 89412), 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.