Metropolitan Statistical Area (MSA):
There are many real estate trends in the Meridian, MS metropolitan statistical area (MSA). The following is a list of some of these trends:
1. The median home value in Meridian, MS is $128,000, which is lower than the national median home value of $184,700. This trend is expected to continue in the near future as more and more people are priced out of the housing market in other parts of the country.
2. The median rent price in Meridian, MS is $850, which is also lower than the national median rent price of $1,034. This trend is expected to continue as well, as more people look for affordable places to live.
3. The vacancy rate in Meridian, MS is 5%, which is lower than the national vacancy rate of 7%. This trend indicates that there is high demand for housing in Meridian and that properties are being filled quickly after becoming available.
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