Lowndes County in Mississippi has a median home value of $152,500, which is significantly lower than the national median of $338,100. The one year house appreciation rate for Lowndes County is 15.63%, compared to the 8.27% national average. This indicates that housing values are rising quickly in Lowndes County and may be attractive to potential buyers looking for an affordable option with greater equity growth potential.
The median home cost in Lowndes County is $152,500. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Lowndes County is up 14.5%.
Average Age of Homes
- The median age of Lowndes County real estate is 36 years old
The Rental Market in Lowndes County
- Renters make up 33.2% of the Lowndes County population
- 2.8% of houses and apartments in Lowndes 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.