The housing in New Houlka, MS is quite affordable compared to the US average. The median value of a house in New Houlka is $99,800, while the US median value is over three times higher at $338,100. Not only does the lower cost make it attractive for home buyers, but the appreciation rate of 13.41% is also noteworthy. This outpaces the national appreciation rate of 8.27%, meaning that homes in New Houlka are increasing in value at an even faster rate than those around the country.
The median home cost in New Houlka is $99,800. Home appreciation the last 10 years has been 61.9%. Home Appreciation in New Houlka is up 17.4%.
Average Age of Homes
- The median age of New Houlka real estate is 42 years old
The Rental Market in New Houlka
- Renters make up 34.2% of the New Houlka population
- 5.1% of houses and apartments in New Houlka, 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.