The housing market in Leflore, MS County is very strong. The median value of homes in the county is $87,800, which is significantly smaller than the national median of $338,100. However, this price gap does not indicate a weak market as the one year appreciation rate for homes in Leflore County has been 12.50%, much higher than the national average of 8.27%. This trend suggests that investment into real estate in this county could be a good option for those looking to increase their wealth.
The median home cost in Leflore County is $87,800. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Leflore County is up 14.5%.
Average Age of Homes
- The median age of Leflore County real estate is 43 years old
The Rental Market in Leflore County
- Renters make up 40.8% of the Leflore County population
- 6.6% of houses and apartments in Leflore 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.