Gervais is much older than the rest of Oregon, with a median age of 26. It's affluent as well, with a median income of $50,979 per household. The Gervais market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area. Topping the list of best schools in the city is Clear Lake Elementary School.
The median value of homes in Gervais is $116,500, making it one of the lower priced areas in Oregon. At the same time, the average list price of available homes is presently $175,273. The Gervais market looked solid in this week's report, as the number of home sales rose 100.0%, pushing the total to two homes sold over the last 30 days.
Wonder which homes are generating the most buzz? Here are the most viewed listings in Gervais:
A four-bedroom detached home valued around $200,980 is considered a typical dwelling in Gervais. If a buyer was looking for a similar home, they would need good credit and a $40,196 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,188 and the property tax rate is $12.22 per $1,000 of taxable assessed value.
Get started right now by checking out Gervais homes for sale or reviewing Gervais real estate trends.