Nellieburg, MS is a great place to live and invest in real estate. The median housing value for the area is $112,100 which is significantly lower than the US median of $338,100. However, what's really impressive is that in the past year, Nellieburg has experienced an appreciation rate of 12.50%, which is higher than the national average of 8.27%. This could be due to an influx of people moving into the area or due to increases in local wages. Either way, it's clear that housing values in Nellieburg are on the rise and offer great potential for investment.
The median home cost in Nellieburg is $112,100. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Nellieburg is up 14.5%.
Average Age of Homes
- The median age of Nellieburg real estate is 34 years old
The Rental Market in Nellieburg
- Renters make up 19.7% of the Nellieburg population
- 0.0% of houses and apartments in Nellieburg, 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.