Moorhead, MS is a great place to consider buying a house. The median value of houses in Moorhead is $83,800, which is significantly lower than the national median of $338,100. In addition to being more affordable than the national average, housing in Moorhead has appreciated at a faster rate over the past year with an appreciation rate of 12.50%, compared to the US average of 8.27%. This makes investing in Moorhead real estate even more attractive. With so much potential for growth and affordability, Moorhead could be an ideal place to purchase a home.
The median home cost in Moorhead is $83,800. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Moorhead is up 14.5%.
Average Age of Homes
- The median age of Moorhead real estate is 35 years old
The Rental Market in Moorhead
- Renters make up 43.1% of the Moorhead population
- 2.2% of houses and apartments in Moorhead, 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.