The housing market in Smith, MS County is thriving. The median value of a house is $135,600 which is much less than the US median value of $338,100. However, what makes the housing market attractive right now is that it has had a 1 year house appreciation rate of 14.52%, more than double the US national average of 8.27%. This shows that there are good prospects for those looking to invest in the Smith County housing market.
The median home cost in Smith County is $135,600. Home appreciation the last 10 years has been 45.0%. Home Appreciation in Smith County is up 15.2%.
Average Age of Homes
- The median age of Smith County real estate is 33 years old
The Rental Market in Smith County
- Renters make up 15.1% of the Smith County population
- 0.3% of houses and apartments in Smith 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.