There are several advantages and disadvantages of homeownership in Tishomingo, Oklahoma that you should consider. Here are some of them:

Advantages:

1. Affordable Prices: Tishomingo has a low cost of living, so home prices are more affordable than other parts of the United States. You can purchase a home in this village for a lower price than in other larger cities.

2. Strong Sense of Community: Tishomingo boasts a strong sense of community, where neighbors know each other and work together on local events, organizations, and festivals. Homeownership can give you the opportunity to become a meaningful part of this community.

3. Investment Opportunity: As the population of Tishomingo, Oklahoma has been steadily growing, it may be a good investment to purchase a home for long-term appreciation, especially if you purchase a home in a desirable location.

Disadvantages:

1. Limited Job Opportunities: Tishomingo is a relatively small village, which means that the job market can be limited. You may need to commute to nearby towns for work or have a job that allows for remote work.

2. Limited Amenities: As a small village, Tishomingo has limited local amenities compared to larger cities. There may be fewer stores, restaurants, or entertainment options.

3. Limited Education Opportunities: Tishomingo has one school district within the village. Although there is a small university (Murray State College), it may not offer the same level of academic opportunities that you might find in larger cities.

It's important to weigh the pros and cons of owning a home in Tishomingo, Oklahoma before making a decision.