The housing market in 38878 Vardaman, MS is currently much more affordable than the US average. The median value of housing in this area is $92,300 while the US median value is $338,100. This makes Vardaman an attractive option for those looking to purchase a home with great potential for appreciation. In the last year the US housing appreciation rate was 8.27%, but in Vardaman it was 13.41%. This indicates that investing in real estate in Vardaman could yield higher returns than other parts of the country.
The median home cost in Vardaman (zip 38878) is $92,300. Home appreciation the last 10 years has been 61.9%. Home Appreciation in Vardaman (zip 38878) is up 17.4%.
Average Age of Homes
- The median age of Vardaman (zip 38878) real estate is 42 years old
The Rental Market in Vardaman (zip 38878)
- Renters make up 23.2% of the Vardaman (zip 38878) population
- 4.4% of houses and apartments in Vardaman (zip 38878), 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.