The housing market in 39120 Natchez, MS is currently thriving. The median value of a home in the area is $121,200, which is significantly lower than the national median of $338,100. However, the one-year house appreciation rate for this area is 16.65%, more than double the national appreciation rate of 8.27%. This indicates that Natchez's real estate market is booming and houses are becoming more expensive each year. Overall, Natchez appears to be a great place to invest in property due to its relatively low costs paired with high appreciation values.
The median home cost in Natchez (zip 39120) is $121,200. Home appreciation the last 10 years has been 45.0%. Home Appreciation in Natchez (zip 39120) is up 15.2%.
Average Age of Homes
- The median age of Natchez (zip 39120) real estate is 47 years old
The Rental Market in Natchez (zip 39120)
- Renters make up 28.9% of the Natchez (zip 39120) population
- 1.2% of houses and apartments in Natchez (zip 39120), 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.