The housing market in Walnut, MS is flourishing, with the median value of homes currently $102,400. This is significantly lower than the US median house value of $338,100 but it is also experiencing a much higher appreciation rate than the US average of 8.27%, having risen 17.86%. With such a low median price and high appreciation rate, Walnut, MS may offer an appealing opportunity for potential buyers to invest in the real estate market.
The median home cost in Walnut is $102,400. Home appreciation the last 10 years has been 80.3%. Home Appreciation in Walnut is up 19.2%.
Average Age of Homes
- The median age of Walnut real estate is 43 years old
The Rental Market in Walnut
- Renters make up 40.5% of the Walnut population
- 4.2% of houses and apartments in Walnut, 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.