The housing market in Montgomery, MS County is very vibrant. The median value of houses is $117,000, which is significantly lower than the national median at $338,100. Despite this difference, the 1 year appreciation rate for houses in Montgomery County has been considerably higher than the national rate at 12.50%, compared to 8.27%. This indicates that there is considerable growth in the area's housing market that could be a great investment opportunity for those looking to buy or invest in real estate.
The median home cost in Montgomery County is $117,000. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Montgomery County is up 14.5%.
Average Age of Homes
- The median age of Montgomery County real estate is 41 years old
The Rental Market in Montgomery County
- Renters make up 19.7% of the Montgomery County population
- 6.8% of houses and apartments in Montgomery 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.