Zip 38863 (Pontotoc, MS) Housing

The housing market in 38863 Pontotoc, MS is quite attractive, with a median value of $148,400. This is significantly lower than the US House Median Value of $338,100, making it an affordable option for many potential buyers. Furthermore, the house appreciation rate in Pontotoc is 13.41%, much higher than the US national average of 8.27%. This high appreciation rate suggests a strong and healthy housing market in Pontotoc that offers stability and increased value over time for homeowners who choose to invest in this area.

The median home cost in Pontotoc (zip 38863) is $148,400. Home appreciation the last 10 years has been 61.9%. Home Appreciation in Pontotoc (zip 38863) is up 17.4%.

Average Age of Homes

- The median age of Pontotoc (zip 38863) real estate is 33 years old

The Rental Market in Pontotoc (zip 38863)

- Renters make up 21.0% of the Pontotoc (zip 38863) population
- 1.2% of houses and apartments in Pontotoc (zip 38863), 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	Pontotoc, Mississippi	United States
	8,245.0	139,647,020.0
	37	42
	$148,400	$338,100
	17.4%	16.6%
	46.2%	57.0%
	61.9%	101.1%
	$6.48	$10.98
	$805	$2,690
	61.3%	57.4%
	16.9%	11.2%
	21.8%	31.4%
Vacant Housing
	1.2%	1.9%
	0.0%	0.4%
	1.4%	0.7%
	0.8%	0.4%
	0.9%	3.6%
	12.6%	4.1%
Value of Owner-Occupied Housing
	3.8%	2.6%
	8.8%	2.4%
	7.7%	2.8%
	8.6%	3.9%
	10.8%	4.5%
	19.7%	11.3%
	16.9%	13.0%
	17.8%	20.1%
	4.2%	13.6%
	1.1%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	15.2%	13.6%
	15.2%	13.6%
	19.4%	13.6%
	13.8%	13.2%
	14.6%	14.8%
	19.4%	13.6%
	8.8%	10.0%
	2.2%	4.7%
	8.9%	12.2%

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