Metcalfe, MS is an attractive place for potential homeowners seeking to take advantage of the booming housing market. The median value of a house in Metcalfe is $91,400, which is far lower than the US median value of $338,100. This alone makes it an attractive proposition for buyers looking to get good value for their money. Furthermore, the 1-year house appreciation rate in Metcalfe is 12.50%, significantly higher than the US average of 8.27%. This means that home values are increasing rapidly and those who purchase now could benefit from considerable profits when they eventually decide to sell the property in the future.
The median home cost in Metcalfe is $91,400. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Metcalfe is up 14.5%.
Average Age of Homes
- The median age of Metcalfe real estate is 40 years old
The Rental Market in Metcalfe
- Renters make up 40.4% of the Metcalfe population
- 10.4% of houses and apartments in Metcalfe, 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.