The housing market in Bay Springs, MS (39422) is booming. The median value of a house in the area is $130,900, which is significantly lower than the US median value of $338,100. On the other hand, one-year appreciation rate for homes in Bay Springs is 12.12%, which is higher than the 8.27% rate for US homes on average. This indicates that real estate investments in this area are likely to yield greater returns than similar investments elsewhere.
The median home cost in Bay Springs (zip 39422) is $130,900. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Bay Springs (zip 39422) is up 11.8%.
Average Age of Homes
- The median age of Bay Springs (zip 39422) real estate is 38 years old
The Rental Market in Bay Springs (zip 39422)
- Renters make up 18.3% of the Bay Springs (zip 39422) population
- 0.0% of houses and apartments in Bay Springs (zip 39422), 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.