The housing market in Gloster, MS is quite strong with a median value of $102,900. This is significantly lower than the national median value of $338,100 and yet it has seen a rapid appreciation rate over the last year of 12.50%, much higher than the US 1-year house appreciation rate of 8.27%. This increase in growth could be due to a rise in demand for housing in Gloster, MS or possibly an influx of people seeking out more affordable housing options. Regardless, it’s clear that the housing market in Gloster, MS is vibrant and growing at an accelerated pace.
The median home cost in Gloster is $102,900. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Gloster is up 14.5%.
Average Age of Homes
- The median age of Gloster real estate is 44 years old
The Rental Market in Gloster
- Renters make up 27.1% of the Gloster population
- 2.8% of houses and apartments in Gloster, 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.