Hattiesburg, MS is a city that has seen an impressive increase in housing prices over the past year. The median value of housing in 39401 is $125,700 which is significantly lower than the US median of $338,100. However, despite this difference Hattiesburg has seen an even more impressive 1-year house appreciation rate of 12.12%, compared to 8.27% for the US as a whole. The increasing demand for housing in Hattiesburg means that current homeowners can benefit from higher property values and those looking to purchase or rent can expect to pay more than they would have a year ago.
The median home cost in Hattiesburg (zip 39401) is $125,700. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Hattiesburg (zip 39401) is up 11.8%.
Average Age of Homes
- The median age of Hattiesburg (zip 39401) real estate is 41 years old
The Rental Market in Hattiesburg (zip 39401)
- Renters make up 47.8% of the Hattiesburg (zip 39401) population
- 6.1% of houses and apartments in Hattiesburg (zip 39401), 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.