Richton, MS is a great place for people looking to purchase a home. The median value of homes in Richton is $148,300, much lower than the US median value of $338,100. In the last year alone, house appreciation in Richton was 12.12%, more than the national average of 8.27%. Real estate continues to be an excellent investment in this area and its appeal as a desirable place to live will only increase with time.
The median home cost in Richton is $148,300. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Richton is up 11.8%.
Average Age of Homes
- The median age of Richton real estate is 40 years old
The Rental Market in Richton
- Renters make up 22.7% of the Richton population
- 4.4% of houses and apartments in Richton, 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.