The housing market in Bruce, MS is thriving due to the median house value of $102,900, which is significantly lower than the US median house value of $338,100. To add to this positive trend, the one year appreciation rate for houses in Bruce has been an impressive 12.50%, while the national average is 8.27%. This shows that Bruce is an attractive option for those looking to purchase a home at an affordable price - and with a high potential for appreciation.
The median home cost in Bruce is $102,900. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Bruce is up 14.5%.
Average Age of Homes
- The median age of Bruce real estate is 43 years old
The Rental Market in Bruce
- Renters make up 37.9% of the Bruce population
- 3.2% of houses and apartments in Bruce, 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.