Zip 38632 (Hernando, MS) Housing

Housing in 38632 Hernando, MS is a great investment as the median home value is $302,700 which is significantly lower than the US median of $338,100. In the past year, the US housing market has seen an 8.27% appreciation in value but in 38632 Hernando, MS this appreciation rate was higher at 17.86%. This makes it a smart move to invest in real estate in this area right now as homes are projected to increase in value over time.

The median home cost in Hernando (zip 38632) is $302,700. Home appreciation the last 10 years has been 80.3%. Home Appreciation in Hernando (zip 38632) is up 19.2%.

Average Age of Homes

- The median age of Hernando (zip 38632) real estate is 21 years old

The Rental Market in Hernando (zip 38632)

- Renters make up 17.1% of the Hernando (zip 38632) population
- 0.7% of houses and apartments in Hernando (zip 38632), 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	Hernando, Mississippi	United States
	11,163.0	139,647,020.0
	25	42
	$302,700	$338,100
	19.2%	16.6%
	54.8%	57.0%
	80.3%	101.1%
	$6.18	$10.98
	$1,432	$2,690
	80.9%	57.4%
	6.6%	11.2%
	12.5%	31.4%
Vacant Housing
	0.7%	1.9%
	0.2%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	1.9%	3.6%
	3.4%	4.1%
Value of Owner-Occupied Housing
	2.5%	2.6%
	1.3%	2.4%
	1.6%	2.8%
	1.8%	3.9%
	2.3%	4.5%
	9.2%	11.3%
	19.0%	13.0%
	38.9%	20.1%
	15.7%	13.6%
	1.8%	8.3%
	3.3%	9.7%
	1.3%	3.9%
	0.0%	2.2%
	1.4%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	28.5%	13.6%
	28.5%	13.6%
	22.3%	13.6%
	10.3%	13.2%
	13.8%	14.8%
	22.3%	13.6%
	2.0%	10.0%
	1.3%	4.7%
	2.0%	12.2%

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