Housing in Lawrence County, MS is relatively affordable compared to other parts of the US. The median value of a home is around $109,800 which is significantly lower than the nationwide median value of $338,100. Despite the lower prices, homes in Lawrence County have seen an impressive appreciation rate over the past year of 15.18%, compared to the national average of 8.27%. This positive rate of appreciation indicates that housing in Lawrence County has been a wise investment for many homeowners in recent years.
The median home cost in Lawrence County is $109,800. Home appreciation the last 10 years has been 50.9%. Home Appreciation in Lawrence County is up 14.6%.
Average Age of Homes
- The median age of Lawrence County real estate is 36 years old
The Rental Market in Lawrence County
- Renters make up 16.8% of the Lawrence County population
- 1.5% of houses and apartments in Lawrence 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.