Ripley, MS is a great place for homeowners looking for an affordable housing market. The median value of homes in Ripley is $115,700, which is significantly lower than the US median of $338,100. This cost savings comes with a potential upside as well, because house appreciation in Ripley has been 17.86% over the last year compared to 8.27% nationally. With such a low cost of entry and high potential for growth, Ripley is an attractive option to consider when looking to purchase a home.
The median home cost in Ripley (zip 38663) is $115,700. Home appreciation the last 10 years has been 80.3%. Home Appreciation in Ripley (zip 38663) is up 19.2%.
Average Age of Homes
- The median age of Ripley (zip 38663) real estate is 33 years old
The Rental Market in Ripley (zip 38663)
- Renters make up 24.2% of the Ripley (zip 38663) population
- 2.9% of houses and apartments in Ripley (zip 38663), 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.