The housing market in Brandon, MS is thriving. The median value of houses in Brandon is $246,500, which is significantly less than the US House Median Value of $338,100. Even with the lower house median value, Brandon has seen a larger appreciation rate for their homes over the course of one year at 15.63%, which is much higher than the US 1 year House Appreciation rate of 8.27%. This indicates that there is a high demand for housing in Brandon and that people are willing to pay more for these homes.
The median home cost in Brandon is $246,500. Home appreciation the last 10 years has been 49.9%. Home Appreciation in Brandon is up 13.8%.
Average Age of Homes
- The median age of Brandon real estate is 26 years old
The Rental Market in Brandon
- Renters make up 20.7% of the Brandon population
- 0.0% of houses and apartments in Brandon, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.