Flowood, MS is an attractive area for housing. The median value of homes in Flowood is $281,400 which is lower than the national median housing value of $338,100. In addition to the lower cost of living, housing has also seen a steady appreciation rate of 8.12% over the past year, which is nearly equal to the national average of 8.27%. With its low median value and consistent appreciation rate, Flowood remains an attractive option for potential buyers looking for a place to call home.
The median home cost in Flowood is $281,400. Home appreciation the last 10 years has been 34.0%. Home Appreciation in Flowood is up 6.1%.
Average Age of Homes
- The median age of Flowood real estate is 21 years old
The Rental Market in Flowood
- Renters make up 47.3% of the Flowood population
- 0.8% of houses and apartments in Flowood, 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.