The housing market in 39465 Petal, MS is very strong. The median value of a home in the area is $187,800, which is significantly lower than the US median value of $338,100. Furthermore, homes in the area have seen an impressive appreciation rate of 12.12% over the last year in comparison to the 8.27% house appreciation rate in the US. This robust housing market makes Petal an attractive place for potential buyers looking for affordable homes with a good return on investment.
The median home cost in Petal (zip 39465) is $187,800. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Petal (zip 39465) is up 11.8%.
Average Age of Homes
- The median age of Petal (zip 39465) real estate is 30 years old
The Rental Market in Petal (zip 39465)
- Renters make up 21.4% of the Petal (zip 39465) population
- 0.9% of houses and apartments in Petal (zip 39465), 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.