The housing market in Panola, MS County is strong with a median value of $150,100. This is substantially less than the US median value of $338,100, but it still remains attractive for potential buyers due to its affordability. What’s more, the area has seen an impressive 1-year appreciation rate of 12.12%, which beats the national rate of 8.27%. This indicates that housing values in Panola are likely to continue to appreciate as demand increases. With such great values and future prospects, Panola is an ideal location for those looking to purchase a new home.
The median home cost in Panola County is $150,100. Home appreciation the last 10 years has been 80.3%. Home Appreciation in Panola County is up 19.2%.
Average Age of Homes
- The median age of Panola County real estate is 31 years old
The Rental Market in Panola County
- Renters make up 20.1% of the Panola County population
- 2.8% of houses and apartments in Panola 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.