The housing market in Vicksburg, MS Metro Area is surprisingly strong compared to the rest of the United States. The median value of a home in this area is $149,700, which is substantially lower than the US house median value of $338,100. However, over the past year it has appreciated significantly more than the US average at 12.64%, compared to 8.27%. This indicates that real estate investment opportunities in this area are attractive for potential buyers, making Vicksburg a desirable and affordable place to live and own property.
The median home cost in Vicksburg Metro Area is $149,700. Home appreciation the last 10 years has been 45.0%. Home Appreciation in Vicksburg Metro Area is up 15.2%.
Average Age of Homes
- The median age of Vicksburg Metro Area real estate is 41 years old
The Rental Market in Vicksburg Metro Area
- Renters make up 27.6% of the Vicksburg Metro Area population
- 5.4% of houses and apartments in Vicksburg 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.