The housing market in 39643 Kokomo, MS is a great option for potential buyers. The median value of homes in this area is $137,500, which is significantly lower than the US house median value of $338,100. With a 1 year appreciation rate of 12.50%, compared to 8.27% nationally, it is clear that this area has seen an increase in its home values recently. Furthermore, with the lower start point on the median value of homes in 39643 Kokomo, MS, it presents an opportunity for those looking to purchase a home at a more affordable price than other areas across the country.
The median home cost in Kokomo (zip 39643) is $137,500. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Kokomo (zip 39643) is up 14.5%.
Average Age of Homes
- The median age of Kokomo (zip 39643) real estate is 35 years old
The Rental Market in Kokomo (zip 39643)
- Renters make up 10.6% of the Kokomo (zip 39643) population
- 2.7% of houses and apartments in Kokomo (zip 39643), 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.