The housing in 39092 Lake, MS is significantly lower in median value than the US house median value. The median value in this area is $107,100 as opposed to the US house median value of $338,100. However, the house appreciation rate in this area is much higher than the US 1 year house appreciation rate at 15.63% compared to 8.27%. This suggests that the housing market in 39092 Lake, MS is growing faster than the national average and could become a great opportunity for potential investors and home buyers.
The median home cost in Lake (zip 39092) is $107,100. Home appreciation the last 10 years has been 49.9%. Home Appreciation in Lake (zip 39092) is up 13.8%.
Average Age of Homes
- The median age of Lake (zip 39092) real estate is 26 years old
The Rental Market in Lake (zip 39092)
- Renters make up 15.4% of the Lake (zip 39092) population
- 1.4% of houses and apartments in Lake (zip 39092), 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.