The housing market in Rienzi, MS is quite strong with a median value of $123,000. This is significantly lower than the US house median value of $338,100, however the appreciation rate for homes in Rienzi over the past year has been higher than the national average at 13.41%, compared to 8.27%. This can be attributed to the growing population due to job opportunities and attractive amenities in this small town.
The median home cost in Rienzi is $123,000. Home appreciation the last 10 years has been 61.9%. Home Appreciation in Rienzi is up 17.4%.
Average Age of Homes
- The median age of Rienzi real estate is 44 years old
The Rental Market in Rienzi
- Renters make up 20.8% of the Rienzi population
- 2.9% of houses and apartments in Rienzi, 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.