The housing situation in Tremont, MS is a great opportunity for potential buyers or investors. The median value of housing in Tremont is $112,700, which is significantly lower than the US median value of $338,100. Additionally, the one-year house appreciation rate in Tremont is 13.41%, higher than the national rate of 8.27%. This indicates that the housing market in Tremont has consistently been on the rise and could be a great investment for those looking to purchase or invest in real estate.
The median home cost in Tremont is $112,700. Home appreciation the last 10 years has been 61.9%. Home Appreciation in Tremont is up 17.4%.
Average Age of Homes
- The median age of Tremont real estate is 34 years old
The Rental Market in Tremont
- Renters make up 38.8% of the Tremont population
- 0.0% of houses and apartments in Tremont, 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.