The housing market in Itta Bena, MS has been thriving over the past year. The median value of houses in the area is $93,400, which is significantly lower than the US median value of $338,100. This makes Itta Bena an attractive option for potential home buyers looking to purchase a home without breaking the bank. Additionally, the one-year house appreciation rate in Itta Bena has been impressive at 12.50%, compared to the national rate of 8.27%. This trend indicates that people are investing more in housing in this area and that prices are continuing to rise year after year.
The median home cost in Itta Bena (zip 38941) is $93,400. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Itta Bena (zip 38941) is up 14.5%.
Average Age of Homes
- The median age of Itta Bena (zip 38941) real estate is 39 years old
The Rental Market in Itta Bena (zip 38941)
- Renters make up 45.3% of the Itta Bena (zip 38941) population
- 7.1% of houses and apartments in Itta Bena (zip 38941), 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.