Bay Springs, MS is an attractive place to live for many reasons. One of the biggest draws is its relatively low housing median value of $125,200, which is significantly lower than the US House Median Value of $338,100. Furthermore, house appreciation in Bay Springs has been on a great upswing over the past year; with an increase of 12.12%, compared to the US 1 year House Appreciation rate of 8.27%. This trend is likely to continue as more people look to purchase homes in this great area.
The median home cost in Bay Springs is $125,200. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Bay Springs is up 11.8%.
Average Age of Homes
- The median age of Bay Springs real estate is 46 years old
The Rental Market in Bay Springs
- Renters make up 33.7% of the Bay Springs population
- 0.0% of houses and apartments in Bay Springs, 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.