Bay St. Louis, MS is an attractive city for potential homeowners due to its relatively low median housing value of $219,700. This is significantly lower than the US median which currently stands at $338,100. Furthermore, Bay St. Louis has seen an impressive 1 year house appreciation of 14.52%, well above the national average of 8.27%. With these factors in mind, Bay St. Louis looks to be a strong contender for prospective homeowners looking for good value and a high rate of return on their investment.
The median home cost in Bay St. Louis is $219,700. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Bay St. Louis is up 15.8%.
Average Age of Homes
- The median age of Bay St. Louis real estate is 21 years old
The Rental Market in Bay St. Louis
- Renters make up 29.7% of the Bay St. Louis population
- 2.0% of houses and apartments in Bay St. Louis, 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.