The housing market in Pace, MS is currently doing well with a median value of $84,500. This is significantly lower than the US House Median Value of $338,100 but the local housing market has seen an appreciation rate of 12.50% in the last year compared to the 8.27% national average. With its relatively low prices and good appreciation rate, this makes Pace a desirable place to invest in residential real estate.
The median home cost in Pace is $84,500. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Pace is up 14.5%.
Average Age of Homes
- The median age of Pace real estate is 48 years old
The Rental Market in Pace
- Renters make up 20.6% of the Pace population
- 0.0% of houses and apartments in Pace, 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.