Greenville, Mississippi is a city that has experienced a notable increase in housing appreciation. The median value of homes in Greenville is $83,300, which is significantly lower than the US median value of $338,100. However, while the US saw an 8.27% 1-year house appreciation rate, Greenville had a 12.50% increase in house values over the same period. This indicates that despite the difference in median home values between the two locations, Greenville's housing market has seen greater growth compared to other areas throughout the country.
The median home cost in Greenville is $83,300. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Greenville is up 14.5%.
Average Age of Homes
- The median age of Greenville real estate is 48 years old
The Rental Market in Greenville
- Renters make up 40.0% of the Greenville population
- 4.8% of houses and apartments in Greenville, 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.