Housing in 97026 Gervais, OR is quite expensive compared to the U.S. house median value. The median value of housing in Gervais is $364,800 while the U.S. house median value is $338,100. The U.S. 1 year house appreciation rate of 8.27% is higher than the 1 year appreciation rate of 6.12% in Gervais, indicating that housing prices have risen more quickly across the nation than they have in this particular Oregon zip code. Despite this, housing prices are still significantly high in this area due to its desirable location and amenities nearby.
The median home cost in Gervais (zip 97026) is $364,800. Home appreciation the last 10 years has been 140.8%. Home Appreciation in Gervais (zip 97026) is up 12.2%.
Average Age of Homes
- The median age of Gervais (zip 97026) real estate is 38 years old
The Rental Market in Gervais (zip 97026)
- Renters make up 15.1% of the Gervais (zip 97026) population
- 0.0% of houses and apartments in Gervais (zip 97026), 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.