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 $359,078 in December, 0.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of January 15, the sits at 6.06%.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: $108,225
- 1-year price change: -8.8%
- 5-year price change: -10.3%
#13. Lumberton, MS
- Typical home value: $121,703
- 1-year price change: -3.0%
- 5-year price change: +15.3%
#12. New Augusta, MS
- Typical home value: $125,709
- 1-year price change: -2.7%
- 5-year price change: -3.5%
#11. Mount Olive, MS
- Typical home value: $128,880
- 1-year price change: -5.6%
- 5-year price change: +9.2%
#10. McLain, MS
- Typical home value: $134,917
- 1-year price change: +10.4%
- 5-year price change: +21.2%
#9. Collins, MS
- Typical home value: $138,705
- 1-year price change: -5.4%
- 5-year price change: +20.8%
#8. Brooklyn, MS
- Typical home value: $140,691
- 1-year price change: -2.0%
- 5-year price change: -1.1%
#7. Richton, MS
- Typical home value: $143,104
- 1-year price change: -0.7%
- 5-year price change: +5.4%
#6. Wiggins, MS
- Typical home value: $161,126
- 1-year price change: -3.1%
- 5-year price change: +13.9%
#5. Seminary, MS
- Typical home value: $188,298
- 1-year price change: -5.5%
- 5-year price change: +19.2%
#4. Hattiesburg, MS
- Typical home value: $213,638
- 1-year price change: +2.3%
- 5-year price change: +26.3%
#3. Petal, MS
- Typical home value: $215,485
- 1-year price change: +1.1%
- 5-year price change: +25.2%
#2. Purvis, MS
- Typical home value: $235,034
- 1-year price change: +5.9%
- 5-year price change: +39.2%
#1. Sumrall, MS
- Typical home value: $261,189
- 1-year price change: +2.6%
- 5-year price change: +31.9%