The housing market in Elliott, MS has seen an impressive appreciation over the past year. According to the data provided, the median value of a house is currently $74,500, which is significantly lower than the US median value of $338,100. However, while the US 1 year house appreciation rate was 8.27%, that of Elliott was 12.50%. This indicates that houses in Elliott have experienced higher growth over the last 12 months compared to the national average. As such, Elliott’s housing market appears to be on an upswing and could be a great place for potential home buyers to look into in order to take advantage of increasing values are relatively low prices.
The median home cost in Elliott is $74,500. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Elliott is up 14.5%.
Average Age of Homes
- The median age of Elliott real estate is 34 years old
The Rental Market in Elliott
- Renters make up 17.8% of the Elliott population
- 0.0% of houses and apartments in Elliott, 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.