Housing in Tupelo, MS is quite affordable compared to the US median of $338,100. The median value of a house in Tupelo is $183,300 which is significantly lower than the US median. Additionally, 1 year house appreciation rates in Tupelo are higher than the US average at 13.41%, compared to 8.27%. This means that housing prices in Tupelo are increasing faster than the rest of the country and those looking to purchase a home may benefit from this trend.
The median home cost in Tupelo is $183,300. Home appreciation the last 10 years has been 61.9%. Home Appreciation in Tupelo is up 17.4%.
Average Age of Homes
- The median age of Tupelo real estate is 37 years old
The Rental Market in Tupelo
- Renters make up 33.1% of the Tupelo population
- 2.6% of houses and apartments in Tupelo, 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.