The housing market in Greenwood, MS Metro Area is booming. The median value of a house in the area is $99,000, significantly lower than the US median value of $338,100. In addition to its affordability, housing prices have seen an impressive appreciation rate of 13.33%, much higher than the national average of 8.27%. This makes Greenwood Metro Area an attractive destination for potential homeowners or investors looking for a good deal.
The median home cost in Greenwood Metro Area is $99,000. Home appreciation the last 10 years has been 51.4%. Home Appreciation in Greenwood Metro Area is up 14.6%.
Average Age of Homes
- The median age of Greenwood Metro Area real estate is 39 years old
The Rental Market in Greenwood Metro Area
- Renters make up 32.7% of the Greenwood Metro Area population
- 5.1% of houses and apartments in Greenwood Metro Area, 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.