The housing market in Tupelo, AR is quite affordable compared to the US median value of $338,100. The median value for housing in Tupelo is just $56,600 which makes it an attractive option for many buyers. Furthermore, the 1 year appreciation rate for housing in Tupelo is 9.77%, higher than the nationwide average of 8.27%. This indicates that the housing market in Tupelo is growing at a faster pace than most places in the US and could be a beneficial investment opportunity.
The median home cost in Tupelo is $56,600. Home appreciation the last 10 years has been 52.4%. Home Appreciation in Tupelo is up 18.8%.
Average Age of Homes
- The median age of Tupelo real estate is 41 years old
The Rental Market in Tupelo
- Renters make up 23.5% of the Tupelo population
- 0.0% 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.