Byhalia, MS has a median value of housing that is significantly lower than the US median value of $338,100. However, it appears to be appreciating much faster than the US average with a one-year appreciation rate of 17.86%. This could indicate that Byhalia is becoming an increasingly desirable place to live and invest in real estate. With its lower median home values and higher rate of appreciation, Byhalia can offer potential buyers more affordable housing options while still providing them with the opportunity for future returns on their investments.
The median home cost in Byhalia is $221,700. Home appreciation the last 10 years has been 80.3%. Home Appreciation in Byhalia is up 19.2%.
Average Age of Homes
- The median age of Byhalia real estate is 34 years old
The Rental Market in Byhalia
- Renters make up 37.8% of the Byhalia population
- 4.1% of houses and apartments in Byhalia, 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.