Pheba, MS

Real estate in Pheba, MS is a hot commodity. With a population of just over 2,000 people, the town is growing rapidly and there is already a lot of demand for homes. The median home price in Pheba was $129,900 as of September 2017, which is significantly higher than the national median home price of $181,600.

The main reason for this high demand is the close proximity to Memphis. Pheba is only about an hour away from downtown Memphis and there are plenty of jobs and businesses available in that area. Additionally, Pheba has access to a number of natural resources that make it an attractive place to live. The town sits on top of several natural gas reserves and has plenty of land for development.

Despite the high demand for homes in Pheba, there are still some available at reasonable prices. The median home price as of September 2017 was $129,900 but you can find properties that are priced much lower if you look carefully. There are also a number of properties available that are larger than average and would be perfect for families looking for a suburban lifestyle without having to drive into Memphis every day.