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1 / 14#14. Beaumont, MS
- Typical home value: $137,896
- 1-year price change: +18.9%
- 5-year price change: -1.1%
Cities with the most expensive homes in the Hattiesburg metro area
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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 $369,678 in August, 1.3% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.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.
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2 / 14#13. Mount Olive, MS
- Typical home value: $146,391
- 1-year price change: +10.1%
- 5-year price change: +5.8%
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3 / 14#12. McLain, MS
- Typical home value: $147,135
- 1-year price change: +13.9%
- 5-year price change: +15.5%
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4 / 14#11. New Augusta, MS
- Typical home value: $152,364
- 1-year price change: +19.7%
- 5-year price change: +3.4%
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5 / 14#10. Brooklyn, MS
- Typical home value: $153,267
- 1-year price change: +1.8%
- 5-year price change: -7.3%
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6 / 14#9. Collins, MS
- Typical home value: $160,726
- 1-year price change: +12.7%
- 5-year price change: +19.2%
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7 / 14#8. Richton, MS
- Typical home value: $169,098
- 1-year price change: +14.5%
- 5-year price change: +5.5%
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8 / 14#7. Wiggins, MS
- Typical home value: $180,994
- 1-year price change: +5.2%
- 5-year price change: +12.5%
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9 / 14#6. Lumberton, MS
- Typical home value: $182,569
- 1-year price change: -2.0%
- 5-year price change: +5.0%
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10 / 14#5. Seminary, MS
- Typical home value: $206,418
- 1-year price change: +9.5%
- 5-year price change: +14.0%
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11 / 14#4. Hattiesburg, MS
- Typical home value: $221,289
- 1-year price change: +3.0%
- 5-year price change: +18.9%
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12 / 14#3. Petal, MS
- Typical home value: $225,485
- 1-year price change: +2.7%
- 5-year price change: +19.1%
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13 / 14#2. Purvis, MS
- Typical home value: $241,055
- 1-year price change: +5.6%
- 5-year price change: +30.8%
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14 / 14#1. Sumrall, MS
- Typical home value: $269,230
- 1-year price change: +3.4%
- 5-year price change: +24.0%
