The housing market in 38683 Walnut, MS is quite strong, with a median value of $95,900. This is significantly lower than the US median house value of $338,100. However, what it lacks in affordability it makes up for in appreciation - the 1 year appreciation rate for houses in Walnut is 17.86%, compared to 8.27% nationally. This could make buying a house here a great investment opportunity for those looking to purchase real estate in the area.
The median home cost in Walnut (zip 38683) is $95,900. Home appreciation the last 10 years has been 80.3%. Home Appreciation in Walnut (zip 38683) is up 19.2%.
Average Age of Homes
- The median age of Walnut (zip 38683) real estate is 35 years old
The Rental Market in Walnut (zip 38683)
- Renters make up 16.6% of the Walnut (zip 38683) population
- 2.1% of houses and apartments in Walnut (zip 38683), 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.