Housing in Crenshaw, MS is quite affordable compared to the national average. The median house value in the area is only $86,500, which is significantly lower than the US median house value of $338,100. In addition, the one year appreciation rate for houses in Crenshaw is 17.86%, much higher than the 8.27% national average. This suggests that investing in housing in this area can be a smart move for anyone looking to purchase and hold real estate property.
The median home cost in Crenshaw is $86,500. Home appreciation the last 10 years has been 80.3%. Home Appreciation in Crenshaw is up 19.2%.
Average Age of Homes
- The median age of Crenshaw real estate is 43 years old
The Rental Market in Crenshaw
- Renters make up 21.6% of the Crenshaw population
- 1.7% of houses and apartments in Crenshaw, 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.