In comparison to the national median value of $338,100 for housing in the United States, the median value of housing in 39166 Silver City, MS is significantly lower at $106,500. This could be beneficial for people looking to invest in a property as they can find more affordable housing options. However, it is worth noting that while the US saw an appreciation rate of 8.27% over one year in house values, the appreciation rate for houses in Silver City was significantly higher at 16.65%, making this a great opportunity for investors who are looking for some solid returns on their investment.
The median home cost in Silver City (zip 39166) is $106,500. Home appreciation the last 10 years has been 45.0%. Home Appreciation in Silver City (zip 39166) is up 15.2%.
Average Age of Homes
- The median age of Silver City (zip 39166) real estate is 36 years old
The Rental Market in Silver City (zip 39166)
- Renters make up 22.6% of the Silver City (zip 39166) population
- 0.0% of houses and apartments in Silver City (zip 39166), 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.