The housing market in Flora, MS is booming. The median value of a house in the city is $243,600 which is significantly lower than the US average of $338,100. Despite this difference, Flora's housing market has seen an impressive 15.63% appreciation rate over the past year - more than double the national average of 8.27%. Clearly, Flora is a great place to invest in real estate for those looking for a great return on their investment.
The median home cost in Flora is $243,600. Home appreciation the last 10 years has been 49.9%. Home Appreciation in Flora is up 13.8%.
Average Age of Homes
- The median age of Flora real estate is 40 years old
The Rental Market in Flora
- Renters make up 40.3% of the Flora population
- 3.2% of houses and apartments in Flora, 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.