Zip 38641 (Lake Cormorant, MS) Housing

Housing in 38641 Lake Cormorant, MS is a great investment. The median value of houses in the area sits at $297,400 which is much lower than the U.S. median value of $338,100. In the last year alone the house appreciation rate has gone up by 17.86%, while the US average was only 8.27%. This significant appreciation rate makes investing in housing in 38641 Lake Cormorant, MS a smart decision that could yield healthy returns over time.

The median home cost in Lake Cormorant (zip 38641) is $297,400. Home appreciation the last 10 years has been 80.3%. Home Appreciation in Lake Cormorant (zip 38641) is up 19.2%.

Average Age of Homes

- The median age of Lake Cormorant (zip 38641) real estate is 23 years old

The Rental Market in Lake Cormorant (zip 38641)

- Renters make up 19.2% of the Lake Cormorant (zip 38641) population
- 0.0% of houses and apartments in Lake Cormorant (zip 38641), 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	Lake Cormorant, Mississippi	United States
	904.0	139,647,020.0
	25	42
	$297,400	$338,100
	19.2%	16.6%
	54.8%	57.0%
	80.3%	101.1%
	$6.24	$10.98
	$931	$2,690
	79.5%	57.4%
	12.9%	11.2%
	7.5%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	2.8%	3.6%
	10.2%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	11.0%	2.4%
	2.9%	2.8%
	6.5%	3.9%
	7.5%	4.5%
	22.4%	11.3%
	19.3%	13.0%
	19.3%	20.1%
	7.0%	13.6%
	1.1%	8.3%
	1.3%	9.7%
	0.4%	3.9%
	1.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	28.0%	13.6%
	28.0%	13.6%
	26.7%	13.6%
	10.4%	13.2%
	13.1%	14.8%
	26.7%	13.6%
	3.7%	10.0%
	0.3%	4.7%
	0.9%	12.2%

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