Zip 38631 (Friars Point, MS) Housing

The housing market in 38631 Friars Point, MS is very strong, with a median value of $77,800. This is significantly lower than the US house median value of $338,100. However, what makes the housing market in this region so appealing is it's higher than average 1 year appreciation rate of 17.86%, which far exceeds the US average of 8.27%. These factors create an ideal opportunity for investors and buyers alike to take advantage of the strong real estate market in Friars Point.

The median home cost in Friars Point (zip 38631) is $77,800. Home appreciation the last 10 years has been 80.3%. Home Appreciation in Friars Point (zip 38631) is up 19.2%.

Average Age of Homes

- The median age of Friars Point (zip 38631) real estate is 34 years old

The Rental Market in Friars Point (zip 38631)

- Renters make up 38.7% of the Friars Point (zip 38631) population
- 3.1% of houses and apartments in Friars Point (zip 38631), 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	Friars Point, Mississippi	United States
	541.0	139,647,020.0
	33	42
	$77,800	$338,100
	19.2%	16.6%
	54.8%	57.0%
	80.3%	101.1%
	$11.14	$10.98
	$692	$2,690
	40.7%	57.4%
	8.1%	11.2%
	51.2%	31.4%
Vacant Housing
	3.1%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	5.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	33.6%	2.4%
	13.2%	2.8%
	33.2%	3.9%
	6.4%	4.5%
	9.1%	11.3%
	0.9%	13.0%
	3.6%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	16.8%	13.6%
	16.8%	13.6%
	26.8%	13.6%
	24.6%	13.2%
	7.8%	14.8%
	26.8%	13.6%
	9.6%	10.0%
	2.6%	4.7%
	3.1%	12.2%

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