Zip 38651 (Nesbit, MS) Housing

The housing market in 38651 Nesbit, MS is thriving. The median value of homes in the area is $322,300 which is reasonably lower than the national median housing value of $338,100. However, what's most impressive about this area is its year-over-year appreciation rate of 17.86%, which far outstrips the national average of 8.27%. This high appreciation rate suggests that investing in a home in 38651 Nesbit, MS is a wise decision, as it will likely increase considerably over time.

The median home cost in Nesbit (zip 38651) is $322,300. Home appreciation the last 10 years has been 80.3%. Home Appreciation in Nesbit (zip 38651) is up 19.2%.

Average Age of Homes

- The median age of Nesbit (zip 38651) real estate is 24 years old

The Rental Market in Nesbit (zip 38651)

- Renters make up 9.0% of the Nesbit (zip 38651) population
- 3.6% of houses and apartments in Nesbit (zip 38651), 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	Nesbit, Mississippi	United States
	3,115.0	139,647,020.0
	24	42
	$322,300	$338,100
	19.2%	16.6%
	54.8%	57.0%
	80.3%	101.1%
	$7.06	$10.98
	$1,587	$2,690
	87.5%	57.4%
	5.1%	11.2%
	7.4%	31.4%
Vacant Housing
	3.6%	1.9%
	0.8%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	0.7%	4.1%
Value of Owner-Occupied Housing
	2.2%	2.6%
	2.9%	2.4%
	0.6%	2.8%
	5.2%	3.9%
	0.9%	4.5%
	2.7%	11.3%
	21.9%	13.0%
	42.6%	20.1%
	12.2%	13.6%
	6.3%	8.3%
	1.6%	9.7%
	0.8%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	24.9%	13.6%
	24.9%	13.6%
	17.2%	13.6%
	13.2%	13.2%
	14.9%	14.8%
	17.2%	13.6%
	3.2%	10.0%
	1.1%	4.7%
	0.1%	12.2%

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