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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Gerald, MO Real Estate Market

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 Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Gerald, MO Housing Market Trends

With 1,355 people, 466 houses or apartments, and a median cost of homes of $210,288, house prices in Gerald are solidly below the national average.

Single-family detached homes are the single most common housing type in Gerald, accounting for 69.98% of the city's housing units. Other types of housing that are prevalent in Gerald include duplexes, homes converted to apartments or other small apartment buildings ( 15.10%), mobile homes or trailers ( 11.37%), and a few large apartment complexes or high rise apartments ( 2.13%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Gerald. Owner-occupied housing accounts for 69.24% of Gerald's homes, and 58.61% have either three or four bedrooms, which is average sized relative to America.

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 ( 26.82%). A lesser amount of the housing stock also hails from before 1939 ( 15.81%). There's also some housing in Gerald built between 2000 and later ( 9.41%).

Vacant housing appears to be an issue in Gerald. Fully 17.23% 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

Gerald's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Gerald during the period has been just 5.61%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Gerald's appreciation rate, at 5.81%, has been at or slightly above the national average. In the latest quarter, Gerald's appreciation rate has been 1.09%, which annualizes to a rate of 4.45%.

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

Average Home Values

Median Home Value

$210,288

Gerald, MO Home Prices
> $1,304,000
$978,001 - $1,304,000
$652,001 - $978,000
$521,001 - $652,000
$391,001 - $521,000
$261,001 - $391,000
$130,001 - $261,000
$65,001 - $130,000
$0 - $65,000
2.2%
2.2%
0.0%
0.0%
1.8%
1.8%
3.5%
3.5%
9.3%
9.3%
24.7%
24.7%
40.5%
40.5%
11.0%
11.0%
7.1%
7.1%
0% 100.0%
% of Homes
Average

for Missouri

Low

for nation

Number of Homes And Apartments:

466

Gerald Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,351 / per month

Homeownership Rate

Owners
Renters
69.2%
69.2%
30.8%
30.8%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
17.2%
17.2%
82.8%
82.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
9.4%
9.4%
48.0%
48.0%
26.8%
26.8%
15.8%
15.8%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
70.0%
70.0%
1.4%
1.4%
15.1%
15.1%
2.1%
2.1%
11.4%
11.4%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
11.5%
11.5%
29.1%
29.1%
47.1%
47.1%
11.5%
11.5%
0.7%
0.7%
0% 100.0%
% of Homes

Popular Neighborhoods in Gerald

Zip Codes in Gerald, MO