The housing market in Ripley, MS is thriving. The median value of homes in the area is currently $115,100, comparatively lower than the US median value of $338,100. In the past year, homes in Ripley have appreciated at an impressive 17.86%, significantly higher than the 8.27% appreciation nationally. This is a strong indication that the housing market in Ripley is flourishing and that homeowners in the area are enjoying significant returns on their investments.
The median home cost in Ripley is $115,100. Home appreciation the last 10 years has been 80.3%. Home Appreciation in Ripley is up 19.2%.
Average Age of Homes
- The median age of Ripley real estate is 41 years old
The Rental Market in Ripley
- Renters make up 40.4% of the Ripley population
- 2.8% of houses and apartments in Ripley, 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.