Long Beach, MS has a housing median value of $200,900, which is far less than the US house median value of $338,100. Despite having a lower median value compared to the US average, Long Beach has experienced higher appreciation over the past year at 14.52%, much higher than the 8.27% that the US saw. This high appreciation was likely driven by local demand and economic growth in Long Beach and its surrounding areas. However, due to its lower median price point, it remains an affordable option for those looking to purchase a home in the area.
The median home cost in Long Beach is $200,900. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Long Beach is up 15.8%.
Average Age of Homes
- The median age of Long Beach real estate is 34 years old
The Rental Market in Long Beach
- Renters make up 32.6% of the Long Beach population
- 5.0% of houses and apartments in Long Beach, 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.