The housing market in Calhoun City, MS (38916) is a great investment opportunity for those looking to make some money off of the housing market. The median housing value in this area is $98,400 which is significantly lower than the US house median value of $338,100. The US 1 year house appreciation rate is 8.27% while the 1 year house appreciation rate in Calhoun City is 12.50%. This shows that Calhoun City is seeing much higher growth than the US average and presents an excellent opportunity for potential buyers or investors looking to take advantage of the increasing value of real estate.
The median home cost in Calhoun City (zip 38916) is $98,400. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Calhoun City (zip 38916) is up 14.5%.
Average Age of Homes
- The median age of Calhoun City (zip 38916) real estate is 40 years old
The Rental Market in Calhoun City (zip 38916)
- Renters make up 29.3% of the Calhoun City (zip 38916) population
- 1.0% of houses and apartments in Calhoun City (zip 38916), 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.