Coldwater, MS
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Coldwater, 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

Coldwater Housing Market Information

With 1,603 people, 474 houses or apartments, and a median cost of homes of $104,842, 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 82.69% 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 ( 8.30%), mobile homes or trailers ( 4.95%), and a few large apartment complexes or high rise apartments ( 4.06%).

The most prevalent building size and type in Coldwater are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 61.60% owning and 38.40% renting.

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 ( 28.09%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.13%). There's also some housing in Coldwater built before 1939 ( 9.01%).

Vacant housing appears to be an issue in Coldwater. Fully 16.25% 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 0.43%, which ranks in the top 50% nationwide. This equates to an annual average Coldwater house appreciation rate of 0.04%.

Appreciation rates are so strong in Coldwater that despite a nationwide downturn in the housing market, Coldwater real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Coldwater appreciation rates continue to be some of the highest in America, at 7.13%, which is higher than appreciation rates in 82.05% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Coldwater. Coldwater appreciation rates in the latest quarter were at 0.35%, which equates to an annual appreciation rate of 1.41%.

Relative to Mississippi, our data show that Coldwater's latest annual appreciation rate is higher than 90% of the other cities and towns in Mississippi.

Average Home Values

 

Median Home Value:
$104,842

Coldwater, MS HOME PRICES

Value Range
> $1,115,000 0.0
$836,001 - $1,115,000 0.4
$557,001 - $836,000 0.0
$446,001 - $557,000 5.0
$334,001 - $446,000 1.7
$223,001 - $334,000 7.8
$111,001 - $223,000 30.7
$56,001 - $111,000 38.6
$0 - $56,000 15.9

High for MS
Low for Nation

Value Relative to Nation Value Relative to State
74.4111098089769 33.0612244897959

Number Of Homes And Apartments:
474

Coldwater 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
14.65% 0.80% 1 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$943 / per month

Homeownership Rate

Homeownership
Owners 61.60
Renters 38.40
Vacant 16.25

Housing Market Details

 

Age of Homes

AGE OF Coldwater HOMES
2000 or Newer 11.1
1970 - 1999 51.8
1940 - 1969 28.1
1939 or Older 9.0

Types of Homes

TYPE OF Coldwater HOMES
Single-Family 82.7
Townhomes 0.0
Small Apt. Buildings 8.3
Apt. Complexes 4.1
Mobile Homes 4.9
Other 0.0

Home Size

SIZE OF Coldwater HOMES
No Bedroom 0.00
1 Bedroom 5.30
2 Bedrooms 29.86
3 Bedrooms 49.65
4 Bedrooms 15.19
5 or more bedrooms 0.00

Popular Neighborhoods in Coldwater

Zip Codes in Coldwater, MS