Housing in Lula, MS is significantly more affordable than the US House Median Value of $338,100. The median value in Lula is only $72,400. Additionally, the house appreciation in Lula over the past year has been an impressive 17.86%, almost double the US 1 year House Appreciation rate of 8.27%. This makes Lula a great location to purchase a home and take advantage of potential equity growth.
The median home cost in Lula is $72,400. Home appreciation the last 10 years has been 80.3%. Home Appreciation in Lula is up 19.2%.
Average Age of Homes
- The median age of Lula real estate is 44 years old
The Rental Market in Lula
- Renters make up 31.9% of the Lula population
- 3.1% of houses and apartments in Lula, 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.