The housing market in 38827 Belmont, MS is thriving. The median value of housing in the area is $131,200 which is significantly lower than the US median value of $338,100. Despite this, the house appreciation rate in 38827 Belmont over the last year has been 13.41%, which far exceeds the US average of 8.27%. This indicates a strong trend of growth in home values and could be an attractive investment opportunity for those looking to buy in this area.
The median home cost in Belmont (zip 38827) is $131,200. Home appreciation the last 10 years has been 61.9%. Home Appreciation in Belmont (zip 38827) is up 17.4%.
Average Age of Homes
- The median age of Belmont (zip 38827) real estate is 36 years old
The Rental Market in Belmont (zip 38827)
- Renters make up 29.5% of the Belmont (zip 38827) population
- 3.0% of houses and apartments in Belmont (zip 38827), 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.