The housing market in Choctaw, MS County is very strong. The median value of a house is $110,900, which is substantially lower than the US median value of $338,100. Despite the gap in median prices, the one year appreciation rate of 15.63% for houses in Choctaw County is significantly higher than the 8.27% national rate of appreciation over the same time period. This suggests that investing in real estate here could be quite profitable and may offer more value for money than other areas of the US.
The median home cost in Choctaw County is $110,900. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Choctaw County is up 14.5%.
Average Age of Homes
- The median age of Choctaw County real estate is 37 years old
The Rental Market in Choctaw County
- Renters make up 23.1% of the Choctaw County population
- 1.4% of houses and apartments in Choctaw County, 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.