Housing in Myrtle, MS is a great investment with the median value being $141,900 and an annual appreciation of 17.86%, which is much higher than the US House Median Value of $338,100 and US 1 year House Appreciation rate of 8.27%. With such a high return on investment for housing in Myrtle, MS it's no surprise that people are looking to this area to purchase or rent property. The combination of affordability and great potential for appreciation make Myrtle an attractive option for potential homebuyers.
The median home cost in Myrtle is $141,900. Home appreciation the last 10 years has been 80.3%. Home Appreciation in Myrtle is up 19.2%.
Average Age of Homes
- The median age of Myrtle real estate is 41 years old
The Rental Market in Myrtle
- Renters make up 25.2% of the Myrtle population
- 4.9% of houses and apartments in Myrtle, 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.