The housing market in 39476 Richton, MS is very vibrant and growing. According to the data given, the median value of a house in this area is $145,700, which is significantly lower than the US House Median Value of $338,100. Further, while the US 1 year House Appreciation rate was 8.27%, Richton saw an impressive 12.12% appreciation rate over the same period - indicating that housing prices are rising very quickly in this area. This suggests that buying a home in 39476 Richton is becoming more and more popular amongst homeowners looking for a good deal on their next property.
The median home cost in Richton (zip 39476) is $145,700. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Richton (zip 39476) is up 11.8%.
Average Age of Homes
- The median age of Richton (zip 39476) real estate is 34 years old
The Rental Market in Richton (zip 39476)
- Renters make up 10.6% of the Richton (zip 39476) population
- 0.9% of houses and apartments in Richton (zip 39476), 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.