Meridian Metro Area, MS Housing

In Meridian, MS Metro Area, the median value for housing is $119,300, which is significantly lower than the US house median value of $338,100. However, this area has seen a much higher appreciation rate over the last year than the US average at 16.10%. This indicates that home prices in this metro area are on the rise and that there is steady growth in the market here.

The median home cost in Meridian Metro Area is $119,300. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Meridian Metro Area is up 14.5%.

Average Age of Homes

- The median age of Meridian Metro Area real estate is 39 years old

The Rental Market in Meridian Metro Area

- Renters make up 25.8% of the Meridian Metro Area population
- 2.4% of houses and apartments in Meridian 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Meridian, Mississippi	United States
	45,285.0	139,647,020.0
	42	42
	$119,300	$338,100
	14.5%	16.6%
	37.4%	57.0%
	51.9%	101.1%
	$8.61	$10.98
	$882	$2,690
	56.1%	57.4%
	17.0%	11.2%
	26.9%	31.4%
Vacant Housing
	2.4%	1.9%
	0.2%	0.4%
	1.0%	0.7%
	0.2%	0.4%
	1.5%	3.6%
	11.8%	4.1%
Value of Owner-Occupied Housing
	8.4%	2.6%
	8.8%	2.4%
	9.8%	2.8%
	13.7%	3.9%
	10.8%	4.5%
	12.6%	11.3%
	14.3%	13.0%
	13.9%	20.1%
	3.8%	13.6%
	1.6%	8.3%
	1.6%	9.7%
	0.4%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.7%	13.6%
	12.7%	13.6%
	14.3%	13.6%
	16.2%	13.2%
	18.4%	14.8%
	14.3%	13.6%
	8.1%	10.0%
	4.8%	4.7%
	6.9%	12.2%

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