Housing in 39740 Caledonia, MS is quite affordable compared to the US median value. The median housing value in Caledonia is currently $209,100, while the US median value stands at $338,100. In terms of house appreciation over a one year period, the US average was 8.27%, but in Caledonia it was actually higher at 12.50%. This suggests that investing in Caledonia real estate is not only more affordable than other parts of the country but also offers a greater return on investment as well.
The median home cost in Caledonia (zip 39740) is $209,100. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Caledonia (zip 39740) is up 14.5%.
Average Age of Homes
- The median age of Caledonia (zip 39740) real estate is 27 years old
The Rental Market in Caledonia (zip 39740)
- Renters make up 13.4% of the Caledonia (zip 39740) population
- 0.3% of houses and apartments in Caledonia (zip 39740), 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.