Zip 38804 (Tupelo, MS) Housing

The housing market in 38804 Tupelo, MS is quite impressive. The median value of homes in this area is $163,900, which is significantly lower than the US median value of $338,100. This affordable price point provides good opportunities for home buyers looking to purchase in the area. Additionally, the one year appreciation rate for homes in Tupelo has been 13.41%, which is significantly higher than the national average of 8.27%. This indicates that homes in this region are increasing in value at a rapid rate and could be a good investment opportunity for prospective buyers.

The median home cost in Tupelo (zip 38804) is $163,900. Home appreciation the last 10 years has been 61.9%. Home Appreciation in Tupelo (zip 38804) is up 17.4%.

Average Age of Homes

- The median age of Tupelo (zip 38804) real estate is 37 years old

The Rental Market in Tupelo (zip 38804)

- Renters make up 30.8% of the Tupelo (zip 38804) population
- 3.7% of houses and apartments in Tupelo (zip 38804), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Tupelo, Mississippi	United States
	7,838.0	139,647,020.0
	42	42
	$163,900	$338,100
	17.4%	16.6%
	46.2%	57.0%
	61.9%	101.1%
	$8.05	$10.98
	$1,317	$2,690
	51.4%	57.4%
	15.0%	11.2%
	33.7%	31.4%
Vacant Housing
	3.7%	1.9%
	0.5%	0.4%
	2.3%	0.7%
	0.3%	0.4%
	1.0%	3.6%
	7.1%	4.1%
Value of Owner-Occupied Housing
	3.6%	2.6%
	0.9%	2.4%
	2.4%	2.8%
	7.4%	3.9%
	8.6%	4.5%
	20.2%	11.3%
	19.4%	13.0%
	18.6%	20.1%
	10.0%	13.6%
	3.2%	8.3%
	3.9%	9.7%
	0.3%	3.9%
	1.5%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.1%	13.6%
	13.1%	13.6%
	18.1%	13.6%
	11.2%	13.2%
	14.1%	14.8%
	18.1%	13.6%
	8.4%	10.0%
	4.7%	4.7%
	9.6%	12.2%

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