Brookhaven, MS is an affordable place for housing. The median value for housing in Brookhaven is currently $154,300. This value is significantly lower than the US house median value of $338,100. Furthermore, the 1 year house appreciation rate for Brookhaven was 12.50%, 8.27% higher than the US 1 year house appreciation rate. This indicates that homes in Brookhaven are appreciating at a faster rate than the average home in the US, making it an attractive and affordable option for potential homeowners.
The median home cost in Brookhaven is $154,300. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Brookhaven is up 14.5%.
Average Age of Homes
- The median age of Brookhaven real estate is 45 years old
The Rental Market in Brookhaven
- Renters make up 37.6% of the Brookhaven population
- 2.4% of houses and apartments in Brookhaven, 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.