The housing market in 38732 Cleveland, MS is doing quite well. The median value of homes in the area is $143,900, which is much lower than the US median home value of $338,100. However, it has had a higher rate of appreciation over the past year at 12.50%, as compared to the US 1 year house appreciation rate of 8.27%. This suggests that there is a good investment potential for those looking to buy a home in Cleveland, MS.
The median home cost in Cleveland (zip 38732) is $143,900. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Cleveland (zip 38732) is up 14.5%.
Average Age of Homes
- The median age of Cleveland (zip 38732) real estate is 43 years old
The Rental Market in Cleveland (zip 38732)
- Renters make up 39.4% of the Cleveland (zip 38732) population
- 2.8% of houses and apartments in Cleveland (zip 38732), 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.