Zip 38848 (Greenwood Springs, MS) Housing

The housing market in 38848 Greenwood Springs, MS is doing relatively well compared to the US median value. The median value of houses in the area is $137,000, which is significantly lower than the national median of $338,100. However, while the US has seen a house appreciation rate of 8.27% in the past year, Greenwood Springs has seen an increase of 13.41%, making it a good place to invest in and live.

The median home cost in Greenwood Springs (zip 38848) is $137,000. Home appreciation the last 10 years has been 61.9%. Home Appreciation in Greenwood Springs (zip 38848) is up 17.4%.

Average Age of Homes

- The median age of Greenwood Springs (zip 38848) real estate is 27 years old

The Rental Market in Greenwood Springs (zip 38848)

- Renters make up 6.4% of the Greenwood Springs (zip 38848) population
- 2.0% of houses and apartments in Greenwood Springs (zip 38848), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Greenwood Springs, Mississippi	United States
	508.0	139,647,020.0
	43	42
	$137,000	$338,100
	17.4%	16.6%
	46.2%	57.0%
	61.9%	101.1%
	$7.73	$10.98
	$368	$2,690
	61.2%	57.4%
	35.0%	11.2%
	3.7%	31.4%
Vacant Housing
	2.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	33.1%	4.1%
Value of Owner-Occupied Housing
	20.6%	2.6%
	8.4%	2.4%
	7.4%	2.8%
	4.5%	3.9%
	25.4%	4.5%
	5.1%	11.3%
	12.9%	13.0%
	15.8%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.2%	13.6%
	15.2%	13.6%
	8.7%	13.6%
	8.9%	13.2%
	8.7%	14.8%
	8.7%	13.6%
	13.2%	10.0%
	3.2%	4.7%
	17.9%	12.2%

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