The housing market in 39114 Mendenhall, MS is thriving. The median value of houses in the area is $128,700, which is significantly lower than the national median value of $338,100 in the United States. Notably, house appreciation in Mendenhall over the past year has been 16.65%, more than double the national rate of 8.27%. This shows that housing prices are rising steadily throughout Mendenhall and provides an excellent opportunity for homeowners looking to invest in real estate.
The median home cost in Mendenhall (zip 39114) is $128,700. Home appreciation the last 10 years has been 45.0%. Home Appreciation in Mendenhall (zip 39114) is up 15.2%.
Average Age of Homes
- The median age of Mendenhall (zip 39114) real estate is 36 years old
The Rental Market in Mendenhall (zip 39114)
- Renters make up 19.3% of the Mendenhall (zip 39114) population
- 1.0% of houses and apartments in Mendenhall (zip 39114), 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.