As the 5th most populous city in Mississippi, Hattiesburg is gaining attention as an appealing destination for real estate investment. Known as the "Hub City" for its strategic location between Jackson, New Orleans, and the Gulf Coast, Hattiesburg attracts residents, which drives demand for both rental properties and home purchases.
One of the major economic drivers in Hattiesburg is the presence of the University of Southern Mississippi (USM), a top employer and contributor to the city's youthful, dynamic vibe. USM not only attracts thousands of students annually, it also supports faculty and staff to create a consistent demand for housing around the campus and nearby neighborhoods.
The city's real estate market offers a number of different neighborhoods to suit a variety of lifestyles. Investors may be interested in the midtown area, situated near USM and Forrest General, as it appeals to students, young professionals, and families who prefer proximity to the university, medical centers, and shopping centers.
Hattiesburg's affordability and potential for property value appreciation make it attractive to investors. There is a consistent demand for rental housing, fueled by the presence of the university and medical centers, which offers steady rental income opportunities.