Gerald, MO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Gerald, MO Real Estate Data


Gerald Housing Market Information

With 1,318 people, 502 houses or apartments, and a median cost of homes of $166,368, Gerald real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Gerald, accounting for 63.02% of the city's housing units. Other types of housing that are prevalent in Gerald include mobile homes or trailers ( 17.59%), duplexes, homes converted to apartments or other small apartment buildings ( 9.87%), and a few large apartment complexes or high rise apartments ( 7.90%).

The most prevalent building size and type in Gerald are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 63.41% owning and 36.59% renting.

There is a lot of housing in Gerald built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Gerald built between 1940-1969 ( 24.60%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.59%). There's also some housing in Gerald built before 1939 ( 13.11%).

Gerald Home Appreciation Rates

Real estate appreciation rates in Gerald's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.15% during the period.

Over the last year, Gerald appreciation rates have trailed the rest of the nation. In the last twelve months, Gerald's appreciation rate has been 3.85%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Gerald were at 1.28%, which equates to an annual appreciation rate of 5.23%.

Relative to Missouri, our data show that Gerald's latest annual appreciation rate is lower than 70% of the other cities and towns in Missouri.

Average Home Values

 

Median Home Value:
$166,368

Gerald, MO HOME PRICES

Value Range
> $1,093,000 0.5
$820,001 - $1,093,000 0.5
$547,001 - $820,000 2.6
$437,001 - $547,000 3.7
$327,001 - $437,000 5.3
$218,001 - $327,000 19.4
$109,001 - $218,000 36.7
$55,001 - $109,000 21.4
$0 - $55,000 9.9

High for MO
Average for Nation

Value Relative to Nation Value Relative to State
44.1324588627979 24.2

Number Of Homes And Apartments:
502

Rent & Ownership

 

Average Market Rent:
$710 / per month

Homeownership Rate

Homeownership
Owners 63.41
Renters 36.59
Vacant 9.87

Housing Market Details

 

Age of Homes

AGE OF Gerald HOMES
2000 or Newer 17.6
1970 - 1999 44.7
1940 - 1969 24.6
1939 or Older 13.1

Types of Homes

TYPE OF Gerald HOMES
Single-Family 63.0
Townhomes 0.9
Small Apt. Buildings 9.9
Apt. Complexes 7.9
Mobile Homes 17.6
Other 0.7

Home Size

SIZE OF Gerald HOMES
No Bedroom 0.00
1 Bedroom 10.95
2 Bedrooms 24.78
3 Bedrooms 45.42
4 Bedrooms 16.16
5 or more bedrooms 2.69

Gerald Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MO*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
31.88% 1.64% 4 3
* 10 is highest

Popular Neighborhoods in Gerald

Zip Codes in Gerald, MO