The housing in 38940 Holcomb, MS is far more affordable than the US average of $338,100. The median value of a house in this area is only $122,600, which is significantly lower than the national average. Despite this, the real estate market here has still seen impressive growth, with a 1 year appreciation rate of 12.50%, higher than the overall US rate of 8.27%. This makes it an attractive option for those looking to purchase a home at a lower price point and still benefit from strong returns on their investment.
The median home cost in Holcomb (zip 38940) is $122,600. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Holcomb (zip 38940) is up 14.5%.
Average Age of Homes
- The median age of Holcomb (zip 38940) real estate is 28 years old
The Rental Market in Holcomb (zip 38940)
- Renters make up 18.8% of the Holcomb (zip 38940) population
- 5.0% of houses and apartments in Holcomb (zip 38940), 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.