The housing market in Shubuta, MS is thriving. According to the most recent data, the median value of a single-family home in Shubuta is currently $95,000. This figure is significantly lower than the national median value of $338,100. However, the current one-year house appreciation rate for Shubuta is 12.50%, which is higher than the national average of 8.27%. This indicates that residential properties in this area are increasing in value at a rapid pace and may be an attractive option for potential homeowners or investors looking to purchase a property.
The median home cost in Shubuta is $95,000. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Shubuta is up 14.5%.
Average Age of Homes
- The median age of Shubuta real estate is 39 years old
The Rental Market in Shubuta
- Renters make up 17.9% of the Shubuta population
- 2.4% of houses and apartments in Shubuta, 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.