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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 12,030, 4,662 total housing units (homes and apartments), and a median house value of $155,440, Bay St. Louis real estate is some of the most expensive in Mississippi, although Bay St. Louis home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Bay St. Louis, accounting for 72.43% of the city's housing units. Other types of housing that are prevalent in Bay St. Louis include large apartment complexes or high rise apartments ( 15.88%), duplexes, homes converted to apartments or other small apartment buildings ( 7.86%), and a few row houses and other attached homes ( 1.96%).
The most prevalent building size and type in Bay St. Louis are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 55.19% owning and 44.81% renting.
Bay St. Louis homes and real estate are some of the newest in America. 45.58% of Bay St. Louis's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Bay St. Louis real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 30.35%), and between 1940-1969 ( 16.85%). There's also some housing in Bay St. Louis built before 1939 ( 7.22%).
Vacant housing appears to be an issue in Bay St. Louis. Fully 26.85% of the housing stock is classified as vacant. Left unchecked, vacant Bay St. Louis homes and apartments can be a drag on the real estate market, holding Bay St. Louis 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.
Real estate appreciation rates in Bay St. Louis's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.76% during the period.
Over the last year, Bay St. Louis appreciation rates have trailed the rest of the nation. In the last twelve months, Bay St. Louis's appreciation rate has been 2.40%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Bay St. Louis were at -1.05%, which equates to an annual appreciation rate of -4.15%.
Notably, Bay St. Louis's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Mississippi, our data show that Bay St. Louis's latest annual appreciation rate is lower than 70% of the other cities and towns in Mississippi.
|$841,001 - $1,121,000||0.2|
|$561,001 - $841,000||0.5|
|$448,001 - $561,000||0.8|
|$336,001 - $448,000||5.9|
|$224,001 - $336,000||22.7|
|$112,001 - $224,000||42.7|
|$56,001 - $112,000||18.8|
|$0 - $56,000||8.3|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Bay St. Louis HOMES|
|2000 or Newer||45.6|
|1970 - 1999||30.3|
|1940 - 1969||16.9|
|1939 or Older||7.2|
|TYPE OF Bay St. Louis HOMES|
|Small Apt. Buildings||7.9|
|SIZE OF Bay St. Louis HOMES|
|5 or more bedrooms||0.49|