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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Amory, MS Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Amory, MS Housing Market Trends

With 6,476 people, 2,764 houses or apartments, and a median cost of homes of $133,824, house prices in Amory are solidly below the national average.

Single-family detached homes are the single most common housing type in Amory, accounting for 73.17% of the city's housing units. Other types of housing that are prevalent in Amory include duplexes, homes converted to apartments or other small apartment buildings ( 20.33%), large apartment complexes or high rise apartments ( 4.45%), and a few mobile homes or trailers ( 2.05%).

The most prevalent building size and type in Amory are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 62.09% owning and 37.91% renting.

There is a lot of housing in Amory built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Amory built between 1940-1969 ( 35.69%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.26%). There's also some housing in Amory built before 1939 ( 5.82%).

Vacant housing appears to be an issue in Amory. Fully 19.13% of the housing stock is classified as vacant. Left unchecked, vacant Amory homes and apartments can be a drag on the real estate market, holding Amory real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Amory Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Amory, where house values have increased just 43.76%, which is annualized rate of 3.70%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

Over the last year, Amory appreciation rates have trailed the rest of the nation. In the last twelve months, Amory's appreciation rate has been 2.87%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Amory were at -1.39%, which equates to an annual appreciation rate of -5.43%.

Notably, Amory's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Mississippi, our data show that Amory's latest annual appreciation rate is higher than 60% of the other cities and towns in Mississippi.

Average Home Values

Median Home Value

$133,824

Amory, MS Home Prices
> $1,221,000
$916,001 - $1,221,000
$611,001 - $916,000
$488,001 - $611,000
$366,001 - $488,000
$244,001 - $366,000
$122,001 - $244,000
$61,001 - $122,000
$0 - $61,000
1.6%
1.6%
0.0%
0.0%
0.1%
0.1%
2.6%
2.6%
2.8%
2.8%
9.8%
9.8%
46.5%
46.5%
31.5%
31.5%
5.2%
5.2%
0% 100.0%
% of Homes
Low

for Mississippi

Very Low

for nation

Number of Homes And Apartments:

2,764

Amory Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,392 / per month

Homeownership Rate

Owners
Renters
62.1%
62.1%
37.9%
37.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
19.1%
19.1%
80.9%
80.9%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
11.3%
11.3%
47.2%
47.2%
35.7%
35.7%
5.8%
5.8%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
73.2%
73.2%
0.0%
0.0%
20.3%
20.3%
4.4%
4.4%
2.0%
2.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.1%
2.1%
9.3%
9.3%
26.5%
26.5%
45.4%
45.4%
15.7%
15.7%
1.0%
1.0%
0% 100.0%
% of Homes

Popular Neighborhoods in Amory

Zip Codes in Amory, MS