The noun GERBIL has 1 sense: 1. small Old World burrowing desert rodent with long soft pale fur and hind legs adapted for leaping. Familiarity information: GERBIL used as a noun is very rare.
The value of the house today is between $425,000 and $490,000. The house is currently rented for $2,500 per month to long-term tenants ($30,000 per year). They are on a month to month lease. Taxes of $5,925.04 were paid in March 2010.
Quick Answer. According to the United States Census Bureau, the average price of a house in the United States in 1960 was $11,900 in 1960 dollars. When adjusted for inflation, the median price of a house was $58,600 in 2000 dollars. Continue Reading.