Market Overview
Home Prices in Gerald, MO
The median home value in Gerald, MO is $257,484 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.1% compared to a year ago and up 1.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Gerald are priced37% below average. Gerald is part of the St. Louis, MO-IL metro area.
Over the past five years, Gerald home values have risen by approximately30.2%, reflecting strong long-term appreciation in this market.
Price History
Gerald Home Price Trend
City Comparison
Gerald vs. National Median
At $257,484, homes in Gerald cost 37% below the national median of $410,000. This makes Gerald a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Gerald?
20% Down Payment
$51,497
on $257,484
Monthly P&I
$1,343/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,706/mo
incl. taxes & insurance
Income Needed
$68,240
gross annual (30% rule)
10% Down Option
$25,748
+ PMI applies
Loan Amount (20% dn)
$205,987
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Gerald, MO?
The median home value in Gerald is $257,484 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.1% year-over-year.
How much have home prices changed in Gerald?
Over the past year, home values in Gerald have increased by 5.1%. Over five years, prices have risen approximately 30.2%.
How much do I need to earn to buy a home in Gerald?
To comfortably afford the median home price of $257,484 with a 20% down payment ($51,497) at today's rates (6.8%), you'd need a gross annual income of approximately $68,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Gerald compare to the national average home price?
The national median home value is approximately $410,000. At $257,484, homes in Gerald are 37% below the national average.
What metro area is Gerald part of?
Gerald is part of the St. Louis, MO-IL metropolitan area. Home prices and market conditions can vary across the broader metro region.