Metropolitan Statistical Area (MSA):
There is no doubt that the Starkville, MS metropolitan statistical area (MSA) is a hotbed for real estate activity. The combination of a strong economy and a growing population has resulted in increased demand for housing, which has driven up prices and spurred new construction.
The average home price in the MSA has increased steadily over the past few years, reaching a record high of $250,000 in 2019. This trend is expected to continue in 2020 as more people move to the area in search of affordable housing options.
New construction has also been on the rise in recent years, with developers building more than 1,000 new homes in 2019 alone. This trend is expected to continue as the demand for housing continues to grow.
If you are thinking about buying a home in the MSA, now is a great time to do so. Prices are expected to continue to rise as demand remains strong, so you may want to consider locking in your purchase before prices get too high.
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