Booneville, MS is a great place to invest in housing. The median house value is $114,500, which is much lower than the US median house value of $338,100. Additionally, the one-year appreciation rate for homes in Booneville was 13.41%, which is significantly higher than the national average of 8.27%. Investing in real estate in Booneville can be a great way to benefit from this strong appreciation rate and make a sound long-term investment.
The median home cost in Booneville is $114,500. Home appreciation the last 10 years has been 61.9%. Home Appreciation in Booneville is up 17.4%.
Average Age of Homes
- The median age of Booneville real estate is 42 years old
The Rental Market in Booneville
- Renters make up 35.9% of the Booneville population
- 1.8% of houses and apartments in Booneville, 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.