menu
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.



Coldwater, 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

Coldwater, MS Housing Market Trends

With 1,359 people, 551 houses or apartments, and a median cost of homes of $215,757, house prices in Coldwater are solidly below the national average.

Single-family detached homes are the single most common housing type in Coldwater, accounting for 80.38% of the town's housing units. Other types of housing that are prevalent in Coldwater include duplexes, homes converted to apartments or other small apartment buildings ( 15.49%), mobile homes or trailers ( 4.13%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Coldwater. Owner-occupied housing accounts for 66.06% of Coldwater's homes, and 72.27% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Coldwater 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 Coldwater built between 1940-1969 ( 25.96%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.41%). There's also some housing in Coldwater built before 1939 ( 5.31%).

Vacant housing appears to be an issue in Coldwater. Fully 18.73% of the housing stock is classified as vacant. Left unchecked, vacant Coldwater homes and apartments can be a drag on the real estate market, holding Coldwater 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.

Coldwater Home Appreciation Rates

Appreciation rates for homes in Coldwater have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 83.66%, which ranks in the top 50% nationwide. This equates to an annual average Coldwater house appreciation rate of 6.27%.

Over the last year, Coldwater appreciation rates have trailed the rest of the nation. In the last twelve months, Coldwater's appreciation rate has been 2.49%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Coldwater were at -1.15%, which equates to an annual appreciation rate of -4.52%.

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

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

Average Home Values

Median Home Value

$215,757

Coldwater, MS Home Prices
> $1,288,000
$966,001 - $1,288,000
$643,001 - $966,000
$515,001 - $643,000
$386,001 - $515,000
$257,001 - $386,000
$129,001 - $257,000
$64,001 - $129,000
$0 - $64,000
1.6%
1.6%
0.0%
0.0%
4.9%
4.9%
0.5%
0.5%
7.2%
7.2%
20.1%
20.1%
31.6%
31.6%
25.3%
25.3%
8.7%
8.7%
0% 100.0%
% of Homes
Very High

for Mississippi

Low

for nation

Number of Homes And Apartments:

551

Coldwater Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,616 / per month

Homeownership Rate

Owners
Renters
66.1%
66.1%
33.9%
33.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
18.7%
18.7%
81.3%
81.3%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
8.4%
8.4%
60.3%
60.3%
26.0%
26.0%
5.3%
5.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
80.4%
80.4%
0.0%
0.0%
15.5%
15.5%
0.0%
0.0%
4.1%
4.1%
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
0.6%
0.6%
8.1%
8.1%
17.8%
17.8%
61.1%
61.1%
11.2%
11.2%
1.2%
1.2%
0% 100.0%
% of Homes

Popular Neighborhoods in Coldwater

Popular Communities Near Coldwater, MS

Zip Codes in Coldwater, MS