39581, Pascagoula, MS

Home Equity and Home Prices in the 39581 Zip Code of Pascagoula, MS

There is no question that home equity is one of the most important assets that a homeowner can have. Home equity provides homeowners with a cushion of savings that they can use to cover unexpected expenses, pay down debt, or even start investing for retirement. Additionally, home prices are often an important factor in people's decision-making when it comes to purchasing a home. When the value of a homeowner's home goes up, it can make buying a new home more affordable and attractive.

According to data from Zillow, the median home value in the 39581 zip code of Pascagoula was $101,200 as of September 30th 2018. This represents an increase of 2% over the previous year and 10% over the previous five years. While this may not seem like much compared to some other areas in Mississippi or across the United States, it is still notable given that this area has seen relatively little growth over this time period. In fact, according to data from The Daily Review (published by The Clarion-Ledger), only 2 out of 97 zip codes in Mississippi saw faster growth in 2018 than Pascagoula did! This indicates that there is strong demand for homes in this area – even if they don't go up as quickly as some others around town!

While there are many factors that contribute to changes in home prices – including location and size; availability; condition; amenities; and features – one thing is for sure: buyers and sellers alike will always look at what homes are selling for relative to their own budget and needs. So if you're thinking about buying or selling a property in the 39581 zip code – or anywhere else for that matter – be sure to consult with your local real estate agent about current market conditions so you can make informed decisions about your investment.