Housing in Duncan, MS is significantly lower than the US House median value. Despite this discrepancy, the 1 year house appreciation rate in Duncan, MS was 12.50%, which is higher than the national average of 8.27%. This could be indicative of a strong housing market in Duncan. The median value for homes in Duncan is still very low at $75,400 compared to the US median of $338,100, but this could open up opportunities for buyers looking to get into a more affordable market with increased appreciation rates.
The median home cost in Duncan is $75,400. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Duncan is up 14.5%.
Average Age of Homes
- The median age of Duncan real estate is 27 years old
The Rental Market in Duncan
- Renters make up 38.2% of the Duncan population
- 0.0% of houses and apartments in Duncan, 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.