Cities with the most expensive homes in the Hattiesburg metro area
Cities with the most expensive homes in the Hattiesburg metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.
The typical home value in the United States was $372,057 in June, 1.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of July 16, the sits at 6.55%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
compiled a list of cities with the most expensive homes in the Hattiesburg metro area using data from . Charts show the monthly typical home value since January 2018. All 14 cities and towns with data available were included in the list.
#14. Lumberton, MS
- Typical home value: $112,570
- 1-year price change: -1.9%
- 5-year price change: +8.4%
#13. Beaumont, MS
- Typical home value: $141,453
- 1-year price change: +16.3%
- 5-year price change: +2.1%
#12. Mount Olive, MS
- Typical home value: $143,976
- 1-year price change: +7.9%
- 5-year price change: +9.4%
#11. McLain, MS
- Typical home value: $145,814
- 1-year price change: +16.4%
- 5-year price change: +21.5%
#10. New Augusta, MS
- Typical home value: $151,323
- 1-year price change: +17.5%
- 5-year price change: +5.4%
#9. Collins, MS
- Typical home value: $158,302
- 1-year price change: +9.1%
- 5-year price change: +22.6%
#8. Brooklyn, MS
- Typical home value: $158,413
- 1-year price change: +1.2%
- 5-year price change: -4.4%
#7. Richton, MS
- Typical home value: $168,119
- 1-year price change: +11.0%
- 5-year price change: +6.9%
#6. Wiggins, MS
- Typical home value: $181,702
- 1-year price change: +1.9%
- 5-year price change: +16.1%
#5. Seminary, MS
- Typical home value: $211,996
- 1-year price change: +6.3%
- 5-year price change: +16.5%
#4. Hattiesburg, MS
- Typical home value: $224,680
- 1-year price change: +3.0%
- 5-year price change: +21.0%
#3. Petal, MS
- Typical home value: $228,761
- 1-year price change: +2.0%
- 5-year price change: +21.0%
#2. Purvis, MS
- Typical home value: $246,363
- 1-year price change: +6.0%
- 5-year price change: +34.1%
#1. Sumrall, MS
- Typical home value: $274,571
- 1-year price change: +3.0%
- 5-year price change: +26.6%