Grenada, MS is a great place to live for those looking to take advantage of the booming housing market. With a median value of $115,900, it's significantly lower than the US median of $338,100. On top of that, the one year house appreciation rate in Grenada is 12.50%, which is much higher than the national average of 8.27%. This means that investing in housing in Grenada can be quite profitable and homeowners can expect to gain more from their investments over time.
The median home cost in Grenada is $115,900. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Grenada is up 14.5%.
Average Age of Homes
- The median age of Grenada real estate is 44 years old
The Rental Market in Grenada
- Renters make up 22.1% of the Grenada population
- 9.2% of houses and apartments in Grenada, 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.