The housing market in Artesia, MS is booming. The median value of houses in the area is $105,700, which is significantly lower than the US median value of $338,100. However, given that the US one year house appreciation rate is 8.27%, Artesia has a much higher house appreciation rate at 12.50%. This means that people who invest in real estate in Artesia can expect to see a larger return on their investment than those investing elsewhere in the US. That's why it's such an attractive option for people who are looking to invest or purchase property in the area.
The median home cost in Artesia is $105,700. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Artesia is up 14.5%.
Average Age of Homes
- The median age of Artesia real estate is 34 years old
The Rental Market in Artesia
- Renters make up 22.9% of the Artesia population
- 2.2% of houses and apartments in Artesia, 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.