Lucedale, MS is a great place to buy a house. The median value of homes in Lucedale stands at $176,900, which is significantly lower than the US median value of $338,100. Over the past year, the housing market in Lucedale has experienced an appreciation rate of 12.12%, which is higher than the national average appreciation rate of 8.27%. All in all, Lucedale provides an excellent opportunity for those looking to buy a house at a competitive price and to benefit from possible future appreciation.
The median home cost in Lucedale is $176,900. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Lucedale is up 11.8%.
Average Age of Homes
- The median age of Lucedale real estate is 41 years old
The Rental Market in Lucedale
- Renters make up 27.7% of the Lucedale population
- 2.5% of houses and apartments in Lucedale, 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.