Baldwyn, MS
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Baldwyn Neighborhoods Since 2000




Baldwyn, MS Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Baldwyn Housing Market Information

With 3,339 people, 1,295 houses or apartments, and a median cost of homes of $77,487, house prices in Baldwyn are solidly below the national average.

Single-family detached homes are the single most common housing type in Baldwyn, accounting for 64.98% of the city's housing units. Other types of housing that are prevalent in Baldwyn include duplexes, homes converted to apartments or other small apartment buildings ( 14.55%), large apartment complexes or high rise apartments ( 8.70%), and a few mobile homes or trailers ( 7.97%).

The most prevalent building size and type in Baldwyn are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 48.83% owning and 51.17% renting.

There is a lot of housing in Baldwyn 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 Baldwyn built between 1940-1969 ( 31.76%). A lesser amount of the housing stock also hails from between 2000 and later ( 4.39%). There's also some housing in Baldwyn built before 1939 ( 1.59%).

Vacant housing appears to be an issue in Baldwyn. Fully 13.95% of the housing stock is classified as vacant. Left unchecked, vacant Baldwyn homes and apartments can be a drag on the real estate market, holding Baldwyn 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.

Baldwyn Home Appreciation Rates

Appreciation rates for homes in Baldwyn have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.83%, which ranks in the top 50% nationwide. This equates to an annual average Baldwyn house appreciation rate of 0.38%.

Over the last year, Baldwyn appreciation rates have trailed the rest of the nation. In the last twelve months, Baldwyn's appreciation rate has been 0.56%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Baldwyn were at 0.54%, which equates to an annual appreciation rate of 2.17%.

Relative to Mississippi, our data show that Baldwyn's latest annual appreciation rate is lower than 80% of the other cities and towns in Mississippi.

Average Home Values

 

Median Home Value:
$77,487

Baldwyn, MS HOME PRICES

Value Range
> $1,047,000 0.0
$785,001 - $1,047,000 0.0
$524,001 - $785,000 0.0
$419,001 - $524,000 0.0
$314,001 - $419,000 0.2
$209,001 - $314,000 10.6
$105,001 - $209,000 35.4
$52,001 - $105,000 36.2
$0 - $52,000 17.6

Low for MS
Very Low for Nation

Value Relative to Nation Value Relative to State
91.9782022735263 70.2040816326531

Number Of Homes And Apartments:
1,295

Baldwyn Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MS*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
28.63% 1.47% 3 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$737 / per month

Homeownership Rate

Homeownership
Owners 48.83
Renters 51.17
Vacant 13.95

Housing Market Details

 

Age of Homes

AGE OF Baldwyn HOMES
2000 or Newer 4.4
1970 - 1999 62.3
1940 - 1969 31.8
1939 or Older 1.6

Types of Homes

TYPE OF Baldwyn HOMES
Single-Family 65.0
Townhomes 3.8
Small Apt. Buildings 14.6
Apt. Complexes 8.7
Mobile Homes 8.0
Other 0.0

Home Size

SIZE OF Baldwyn HOMES
No Bedroom 5.25
1 Bedroom 6.45
2 Bedrooms 23.19
3 Bedrooms 51.43
4 Bedrooms 10.43
5 or more bedrooms 3.26

Popular Neighborhoods in Baldwyn

Zip Codes in Baldwyn, MS