The housing market in Pelahatchie, MS is thriving with the median value at $165,200, which is significantly lower than the US median value of $338,100. Despite this large gap, the 1 year house appreciation rate in Pelahatchie is 16.65%, which is more than double the US rate of 8.27%. This suggests that the Pelahatchie housing market is growing rapidly and could be a great investment opportunity for potential buyers.
The median home cost in Pelahatchie is $165,200. Home appreciation the last 10 years has been 45.0%. Home Appreciation in Pelahatchie is up 15.2%.
Average Age of Homes
- The median age of Pelahatchie real estate is 42 years old
The Rental Market in Pelahatchie
- Renters make up 21.8% of the Pelahatchie population
- 1.2% of houses and apartments in Pelahatchie, 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.