Rankin County, MS Housing

The housing market in Rankin, MS County is thriving. The median value of a house in the county stands at $227,500, which is lower than the US median value of $338,100 and provides potential home owners with an opportunity to purchase property at a more affordable price. In addition to this, the US one year house appreciation rate is 8.27%, while the one year house appreciation in Rankin County is 15.96%. This means that individuals who invest in property in Rankin are likely to experience an increase in value over time that exceeds that of the national average.

The median home cost in Rankin County is $227,500. Home appreciation the last 10 years has been 44.2%. Home Appreciation in Rankin County is up 11.2%.

Average Age of Homes

- The median age of Rankin County real estate is 25 years old

The Rental Market in Rankin County

- Renters make up 23.6% of the Rankin County population
- 1.3% of houses and apartments in Rankin 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Rankin, Mississippi	United States
	62,991.0	139,647,020.0
	28	42
	$227,500	$338,100
	11.2%	16.6%
	33.7%	57.0%
	44.2%	101.1%
	$7.01	$10.98
	$1,224	$2,690
	71.6%	57.4%
	7.5%	11.2%
	20.9%	31.4%
Vacant Housing
	1.3%	1.9%
	0.2%	0.4%
	1.5%	0.7%
	0.3%	0.4%
	0.5%	3.6%
	3.6%	4.1%
Value of Owner-Occupied Housing
	4.3%	2.6%
	2.8%	2.4%
	2.5%	2.8%
	3.0%	3.9%
	4.8%	4.5%
	19.1%	11.3%
	22.7%	13.0%
	23.7%	20.1%
	9.6%	13.6%
	3.6%	8.3%
	3.3%	9.7%
	0.4%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	24.5%	13.6%
	24.5%	13.6%
	22.4%	13.6%
	13.9%	13.2%
	15.2%	14.8%
	22.4%	13.6%
	3.6%	10.0%
	1.8%	4.7%
	0.7%	12.2%

Reviews for Rankin

See all (0)

Write a Review

Start Your Review of Rankin

Commute