The housing market in 38859 New Site, MS is performing well above the national average. According to data from the US Census Bureau, the median value of a house in this area is $112,900. This is significantly lower than the US median value of $338,100. However, in the past year there has been an impressive 13.41% appreciation rate in New Site, which is much higher than the 8.27% national average for housing appreciation. This indicates that New Site is a desirable place to live and invest in housing.
The median home cost in New Site (zip 38859) is $112,900. Home appreciation the last 10 years has been 61.9%. Home Appreciation in New Site (zip 38859) is up 17.4%.
Average Age of Homes
- The median age of New Site (zip 38859) real estate is 41 years old
The Rental Market in New Site (zip 38859)
- Renters make up 11.3% of the New Site (zip 38859) population
- 0.0% of houses and apartments in New Site (zip 38859), 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.