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 $361,371 in February, 0.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of March 19, the sits at 6.22%.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. Beaumont, MS
- Typical home value: $127,206
- 1-year price change: +0.3%
- 5-year price change: -4.3%
#13. Mount Olive, MS
- Typical home value: $134,080
- 1-year price change: -2.6%
- 5-year price change: +10.5%
#12. McLain, MS
- Typical home value: $136,968
- 1-year price change: +11.8%
- 5-year price change: +23.0%
#11. New Augusta, MS
- Typical home value: $139,686
- 1-year price change: +4.9%
- 5-year price change: +1.9%
#10. Collins, MS
- Typical home value: $147,123
- 1-year price change: -2.5%
- 5-year price change: +22.9%
#9. Brooklyn, MS
- Typical home value: $151,154
- 1-year price change: -1.4%
- 5-year price change: +0.5%
#8. Lumberton, MS
- Typical home value: $152,302
- 1-year price change: -1.8%
- 5-year price change: +16.7%
#7. Richton, MS
- Typical home value: $155,282
- 1-year price change: +2.8%
- 5-year price change: +7.3%
#6. Wiggins, MS
- Typical home value: $166,150
- 1-year price change: -2.8%
- 5-year price change: +14.8%
#5. Seminary, MS
- Typical home value: $195,661
- 1-year price change: -3.0%
- 5-year price change: +18.5%
#4. Hattiesburg, MS
- Typical home value: $218,065
- 1-year price change: +2.6%
- 5-year price change: +25.3%
#3. Petal, MS
- Typical home value: $220,877
- 1-year price change: +1.0%
- 5-year price change: +24.3%
#2. Purvis, MS
- Typical home value: $238,510
- 1-year price change: +6.7%
- 5-year price change: +38.2%
#1. Sumrall, MS
- Typical home value: $264,137
- 1-year price change: +2.7%
- 5-year price change: +30.4%