The housing median value in 38801 Tupelo, MS is $162,400, which is significantly lower than the US house median value of $338,100. However, the 1 year house appreciation for Tupelo is 13.41%, which is higher than the national average of 8.27%. This indicates that the housing market in 38801 Tupelo, MS is growing faster than other parts of the country. The current housing prices remain affordable despite the market's positive growth trend. Overall, 38801 Tupelo offers a great opportunity for potential buyers to get a good deal on a home while still benefiting from healthy real estate appreciation.
The median home cost in Tupelo (zip 38801) is $162,400. Home appreciation the last 10 years has been 61.9%. Home Appreciation in Tupelo (zip 38801) is up 17.4%.
Average Age of Homes
- The median age of Tupelo (zip 38801) real estate is 36 years old
The Rental Market in Tupelo (zip 38801)
- Renters make up 32.4% of the Tupelo (zip 38801) population
- 2.8% of houses and apartments in Tupelo (zip 38801), 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.