Moorhead, MS (38761) has a median housing value of $83,400, which is significantly lower than the US median housing value of $338,100. Despite this difference in median housing values, the one-year house appreciation rate for Moorhead is actually higher than the national average at 12.50% compared to 8.27%. This suggests that although the starting value may be lower, there are still plenty of opportunities for homeowners in Moorhead to gain equity and increase their home's value over time.
The median home cost in Moorhead (zip 38761) is $83,400. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Moorhead (zip 38761) is up 14.5%.
Average Age of Homes
- The median age of Moorhead (zip 38761) real estate is 37 years old
The Rental Market in Moorhead (zip 38761)
- Renters make up 40.1% of the Moorhead (zip 38761) population
- 1.8% of houses and apartments in Moorhead (zip 38761), 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.