The housing market in Parchman, MS (38738) is currently experiencing a strong appreciation rate of 12.50%, much higher than the 8.27% appreciation rate seen nationally. The median house value in Parchman is $109,000, which is significantly lower than the national median of $338,100. It may be a great time to invest in the area due to its increasing property values and affordability compared to other places across the country.
The median home cost in Parchman (zip 38738) is $109,000. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Parchman (zip 38738) is up 14.5%.
Average Age of Homes
- The median age of Parchman (zip 38738) real estate is 52 years old
The Rental Market in Parchman (zip 38738)
- Renters make up 100.0% of the Parchman (zip 38738) population
- 0.0% of houses and apartments in Parchman (zip 38738), 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.