Gerald, MO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Gerald, MO Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Gerald Housing Market Information

With a population of 1,318, 505 total housing units (homes and apartments), and a median house value of $170,035, 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 64.35% of the city's housing units. Other types of housing that are prevalent in Gerald include mobile homes or trailers ( 16.52%), duplexes, homes converted to apartments or other small apartment buildings ( 9.04%), and a few large apartment complexes or high rise apartments ( 8.87%).

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 62.46% owning and 37.54% 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 ( 27.65%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.65%). There's also some housing in Gerald built before 1939 ( 12.17%).

Vacant housing appears to be an issue in Gerald. Fully 12.17% of the housing stock is classified as vacant. Left unchecked, vacant Gerald homes and apartments can be a drag on the real estate market, holding Gerald real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

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 0.00% during the period.

NeighborhoodScout's data show that during the latest twelve months, Gerald's appreciation rate, at 3.67%, has been at or slightly above the national average. In the latest quarter, Gerald's appreciation rate has been 1.03%, which annualizes to a rate of 4.19%.

Relative to Missouri, our data show that Gerald's latest annual appreciation rate is higher than 60% of the other cities and towns in Missouri.

Average Home Values

 

Median Home Value:
$170,035

Gerald, MO HOME PRICES

Value Range
> $1,098,000 1.4
$823,001 - $1,098,000 0.5
$549,001 - $823,000 2.6
$439,001 - $549,000 4.6
$329,001 - $439,000 6.6
$219,001 - $329,000 19.9
$110,001 - $219,000 37.2
$55,001 - $110,000 20.2
$0 - $55,000 7.1

High for MO
Average for Nation

Value Relative to Nation Value Relative to State
41.6559240595336 22.2

Number Of Homes And Apartments:
505

Gerald Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MO*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
35.84% 1.79% 6 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$802 / per month

Homeownership Rate

Homeownership
Owners 62.46
Renters 37.54
Vacant 12.17

Housing Market Details

 

Age of Homes

AGE OF Gerald HOMES
2000 or Newer 15.7
1970 - 1999 44.5
1940 - 1969 27.7
1939 or Older 12.2

Types of Homes

TYPE OF Gerald HOMES
Single-Family 64.3
Townhomes 0.5
Small Apt. Buildings 9.0
Apt. Complexes 8.9
Mobile Homes 16.5
Other 0.7

Home Size

SIZE OF Gerald HOMES
No Bedroom 0.00
1 Bedroom 9.04
2 Bedrooms 26.26
3 Bedrooms 45.57
4 Bedrooms 16.17
5 or more bedrooms 2.96

Popular Neighborhoods in Gerald

Zip Codes in Gerald, MO