The housing market in Magee, MS is booming. The median value of houses in Magee is currently $139,600, which is significantly lower than the US median value of $338,100. However, the appreciation rate for houses in Magee over the last year was 16.65%, more than double the national average of 8.27%. This suggests that there are great investment opportunities available for anyone looking to purchase property in this area. With real estate prices expected to continue to rise and strong economic indicators on the horizon, now may be an ideal time to consider buying a property in Magee, MS.
The median home cost in Magee is $139,600. Home appreciation the last 10 years has been 45.0%. Home Appreciation in Magee is up 15.2%.
Average Age of Homes
- The median age of Magee real estate is 39 years old
The Rental Market in Magee
- Renters make up 31.8% of the Magee population
- 6.5% of houses and apartments in Magee, 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.