Zip 38965 (Water Valley, MS) Housing

The housing market in Water Valley, MS (38965) is booming, with a median housing value of $131,300. This is significantly lower than the US median house value at $338,100, making it an attractive place for many kinds of buyers. Moreover, the one year appreciation rate in Water Valley is 12.50%, much higher than the US one year appreciation rate of 8.27%. This makes Water Valley an excellent choice for both buyers and investors alike who are looking to benefit from strong returns on their investment.

The median home cost in Water Valley (zip 38965) is $131,300. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Water Valley (zip 38965) is up 14.5%.

Average Age of Homes

- The median age of Water Valley (zip 38965) real estate is 36 years old

The Rental Market in Water Valley (zip 38965)

- Renters make up 22.7% of the Water Valley (zip 38965) population
- 4.8% of houses and apartments in Water Valley (zip 38965), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Water Valley, Mississippi	United States
	4,262.0	139,647,020.0
	39	42
	$131,300	$338,100
	14.5%	16.6%
	37.4%	57.0%
	51.9%	101.1%
	$9.38	$10.98
	$917	$2,690
	59.6%	57.4%
	17.2%	11.2%
	23.2%	31.4%
Vacant Housing
	4.8%	1.9%
	0.0%	0.4%
	0.6%	0.7%
	0.0%	0.4%
	7.7%	3.6%
	4.2%	4.1%
Value of Owner-Occupied Housing
	8.2%	2.6%
	3.8%	2.4%
	6.9%	2.8%
	18.1%	3.9%
	13.9%	4.5%
	18.1%	11.3%
	9.2%	13.0%
	12.7%	20.1%
	3.7%	13.6%
	1.9%	8.3%
	2.6%	9.7%
	0.3%	3.9%
	0.0%	2.2%
	0.1%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	9.5%	13.6%
	9.5%	13.6%
	14.1%	13.6%
	21.8%	13.2%
	15.6%	14.8%
	14.1%	13.6%
	7.9%	10.0%
	2.5%	4.7%
	9.3%	12.2%

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