Zip 14740 (Gerry, NY) Housing

Located in Gerry, NY, 14740 is a suburban town that has seen steady appreciation in housing values over the past year. The median value of houses in the area is currently $144,400, which is far below the US median of $338,100. Despite this difference in overall price point, the local housing market has experienced a 12.09% increase in value over the past year, while the US average stands at 8.27%. This indicates that even smaller towns can experience strong appreciation when market conditions are positive.

The median home cost in Gerry (zip 14740) is $144,400. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Gerry (zip 14740) is up 14.6%.

Average Age of Homes

- The median age of Gerry (zip 14740) real estate is 45 years old

The Rental Market in Gerry (zip 14740)

- Renters make up 17.2% of the Gerry (zip 14740) population
- 5.0% of houses and apartments in Gerry (zip 14740), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Gerry, New York	United States
	540.0	139,647,020.0
	54	42
	$144,400	$338,100
	14.6%	16.6%
	55.4%	57.0%
	64.5%	101.1%
	$27.26	$10.98
	$2,590	$2,690
	65.4%	57.4%
	22.8%	11.2%
	11.9%	31.4%
Vacant Housing
	5.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	10.9%	3.6%
	6.9%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	0.9%	2.4%
	8.8%	2.8%
	20.4%	3.9%
	21.0%	4.5%
	26.3%	11.3%
	13.6%	13.0%
	3.4%	20.1%
	3.7%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	1.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	10.4%	13.6%
	10.4%	13.6%
	10.6%	13.6%
	11.9%	13.2%
	11.7%	14.8%
	10.6%	13.6%
	12.4%	10.0%
	1.7%	4.7%
	30.0%	12.2%

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