The housing market in Snow Lake Shores, MS is very impressive. The median value of a house in the area is $156,200, compared to the US median value of $338,100. This is significantly lower than the national average and provides an opportunity for people to buy into a more affordable housing market. Additionally, over the past year, houses in Snow Lake Shores have appreciated by 17.86%, which is notably higher than the United States' 1-year appreciation rate of 8.27%. Therefore, investing in this area can be a prudent decision for those looking for potential appreciation in their housing investments.
The median home cost in Snow Lake Shores is $156,200. Home appreciation the last 10 years has been 80.3%. Home Appreciation in Snow Lake Shores is up 19.2%.
Average Age of Homes
- The median age of Snow Lake Shores real estate is 49 years old
The Rental Market in Snow Lake Shores
- Renters make up 6.7% of the Snow Lake Shores population
- 1.4% of houses and apartments in Snow Lake Shores, 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.