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 $365,545 in March, 0.8% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of April 16, the sits at 6.3%.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: $110,726
- 1-year price change: -1.2%
- 5-year price change: +15.7%
#13. Beaumont, MS
- Typical home value: $131,950
- 1-year price change: +5.2%
- 5-year price change: -1.1%
#12. Mount Olive, MS
- Typical home value: $139,106
- 1-year price change: -0.3%
- 5-year price change: +11.1%
#11. New Augusta, MS
- Typical home value: $142,067
- 1-year price change: +8.8%
- 5-year price change: +4.1%
#10. McLain, MS
- Typical home value: $142,743
- 1-year price change: +12.7%
- 5-year price change: +23.5%
#9. Collins, MS
- Typical home value: $151,509
- 1-year price change: -0.1%
- 5-year price change: +23.6%
#8. Brooklyn, MS
- Typical home value: $152,263
- 1-year price change: -1.0%
- 5-year price change: +0.3%
#7. Richton, MS
- Typical home value: $156,544
- 1-year price change: +4.6%
- 5-year price change: +7.9%
#6. Wiggins, MS
- Typical home value: $172,338
- 1-year price change: -2.2%
- 5-year price change: +15.6%
#5. Seminary, MS
- Typical home value: $202,711
- 1-year price change: -1.1%
- 5-year price change: +18.2%
#4. Hattiesburg, MS
- Typical home value: $220,234
- 1-year price change: +3.0%
- 5-year price change: +24.9%
#3. Petal, MS
- Typical home value: $223,366
- 1-year price change: +1.1%
- 5-year price change: +23.8%
#2. Purvis, MS
- Typical home value: $240,800
- 1-year price change: +7.1%
- 5-year price change: +38.0%
#1. Sumrall, MS
- Typical home value: $266,987
- 1-year price change: +3.0%
- 5-year price change: +30.1%