Housing in 38672 Southaven, MS is a great investment. The median value for homes in the area is $317,400, which is significantly lower than the US median house value of $338,100. This provides prospective buyers with an opportunity to purchase a home with increased equity growth potential due to the larger difference between the median value and the US average. In addition to this attractive buying price point, Southaven has experienced a 17.86% appreciation rate over the past year compared to only 8.27% nationally. This makes it an ideal location for those looking for accelerated housing appreciation.
The median home cost in Southaven (zip 38672) is $317,400. Home appreciation the last 10 years has been 80.3%. Home Appreciation in Southaven (zip 38672) is up 19.2%.
Average Age of Homes
- The median age of Southaven (zip 38672) real estate is 13 years old
The Rental Market in Southaven (zip 38672)
- Renters make up 10.5% of the Southaven (zip 38672) population
- 1.9% of houses and apartments in Southaven (zip 38672), 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.