The housing market in Caledonia, MS is thriving, with the median value being $208,300. This is significantly lower than the US average of $338,100. In addition, the 1 year house appreciation rate in Caledonia is 12.50%, which is much higher than the US rate of 8.27%. This means that homes in Caledonia are increasing in value at a faster rate than across the country as a whole, making it an attractive investment opportunity for those looking to buy or sell real estate.
The median home cost in Caledonia is $208,300. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Caledonia is up 14.5%.
Average Age of Homes
- The median age of Caledonia real estate is 28 years old
The Rental Market in Caledonia
- Renters make up 28.9% of the Caledonia population
- 1.6% of houses and apartments in Caledonia, 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.