The housing market in Flowood, Mississippi is on the rise. The median value of homes in the area is $298,900, which is slightly lower than the national median value of $338,100. Furthermore, the one year housing appreciation rate in Flowood is 7.32%, which is just slightly lower than the national rate of 8.27%. These figures indicate that investing in a home in Flowood would be a wise decision as it offers great value and potential for growth.
The median home cost in Flowood (zip 39232) is $298,900. Home appreciation the last 10 years has been 32.3%. Home Appreciation in Flowood (zip 39232) is up 5.3%.
Average Age of Homes
- The median age of Flowood (zip 39232) real estate is 22 years old
The Rental Market in Flowood (zip 39232)
- Renters make up 51.1% of the Flowood (zip 39232) population
- 0.9% of houses and apartments in Flowood (zip 39232), 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.