Housing in Tunica, MS is on the rise. The median value of homes in Tunica is currently $193,400, which is significantly lower than the US median house value of $338,100. Nevertheless, home values have appreciated at a greater rate in Tunica than the US average over the past year; 17.86% compared to 8.27%. This trend puts Tunica ahead of many other cities and states when it comes to housing appreciation. There are also great opportunities for new buyers or investors looking for more affordable homes in this area.
The median home cost in Tunica is $193,400. Home appreciation the last 10 years has been 80.3%. Home Appreciation in Tunica is up 19.2%.
Average Age of Homes
- The median age of Tunica real estate is 44 years old
The Rental Market in Tunica
- Renters make up 40.6% of the Tunica population
- 1.4% of houses and apartments in Tunica, 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.