Zip 38753 (Inverness, MS) Housing

In 38753 Inverness, MS, the median housing value is $113,900, significantly lower than the US national housing median value of $338,100. However, the 1 year house appreciation rate in 38753 Inverness is 12.50%, much higher than the US national 1 year appreciation rate of 8.27%. This indicates that home values in this area are on an upward trend and could be a great opportunity to invest in real estate.

The median home cost in Inverness (zip 38753) is $113,900. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Inverness (zip 38753) is up 14.5%.

Average Age of Homes

- The median age of Inverness (zip 38753) real estate is 43 years old

The Rental Market in Inverness (zip 38753)

- Renters make up 34.4% of the Inverness (zip 38753) population
- 0.8% of houses and apartments in Inverness (zip 38753), 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	Inverness, Mississippi	United States
	599.0	139,647,020.0
	45	42
	$113,900	$338,100
	14.5%	16.6%
	37.4%	57.0%
	51.9%	101.1%
	$10.81	$10.98
	$1,179	$2,690
	56.3%	57.4%
	13.2%	11.2%
	30.6%	31.4%
Vacant Housing
	0.8%	1.9%
	0.0%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	8.0%	3.6%
	4.0%	4.1%
Value of Owner-Occupied Housing
	1.2%	2.6%
	5.6%	2.4%
	6.2%	2.8%
	12.5%	3.9%
	17.2%	4.5%
	27.6%	11.3%
	13.4%	13.0%
	10.1%	20.1%
	3.3%	13.6%
	2.1%	8.3%
	0.9%	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%
	9.2%	13.6%
	9.2%	13.6%
	9.7%	13.6%
	13.9%	13.2%
	35.4%	14.8%
	9.7%	13.6%
	10.4%	10.0%
	2.3%	4.7%
	10.0%	12.2%

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