The housing market in Quitman, MS is quite impressive. The median value of a house in this area is $125,100, which is significantly lower than the US house median value of $338,100. However, the one year appreciation rate for houses in Quitman is 12.50%, which is much higher than the national average of 8.27%. This indicates that housing in this area is an increasingly attractive investment opportunity and demonstrates the strength of the local economy.
The median home cost in Quitman is $125,100. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Quitman is up 14.5%.
Average Age of Homes
- The median age of Quitman real estate is 47 years old
The Rental Market in Quitman
- Renters make up 27.8% of the Quitman population
- 1.4% of houses and apartments in Quitman, 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.