Friars Point, MS is a city with an impressive housing market. The median value of houses in Friars Point is $68,800, which is substantially lower than the national median value of $338,100. Despite a lower median value for houses in Friars Point compared to the rest of the US, it has seen a larger appreciation rate in one year than the US average. In one year, the appreciation rate for house values in Friars Point was 17.86%, whereas the US average was 8.27%. This suggests that the housing market in Friars Point is providing strong returns on investments, making it an attractive city for potential homebuyers.
The median home cost in Friars Point is $68,800. Home appreciation the last 10 years has been 80.3%. Home Appreciation in Friars Point is up 19.2%.
Average Age of Homes
- The median age of Friars Point real estate is 34 years old
The Rental Market in Friars Point
- Renters make up 41.2% of the Friars Point population
- 3.4% of houses and apartments in Friars Point, 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.