De Kalb, MS
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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De Kalb, 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

De Kalb Housing Market Information

With 1,057 people, 424 houses or apartments, and a median cost of homes of $69,763, house prices in De Kalb are some of the most affordable in Mississippi as well as the nation.

Single-family detached homes are the single most common housing type in De Kalb, accounting for 75.80% of the town's housing units. Other types of housing that are prevalent in De Kalb include mobile homes or trailers ( 13.70%), large apartment complexes or high rise apartments ( 5.82%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.69%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in De Kalb. Owner-occupied housing accounts for 67.03% of De Kalb's homes, and 66.60% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in De Kalb 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 De Kalb built between 1940-1969 ( 36.96%). A lesser amount of the housing stock also hails from before 1939 ( 13.88%). There's also some housing in De Kalb built between 2000 and later ( 4.69%).

Vacant housing appears to be an issue in De Kalb. Fully 20.45% of the housing stock is classified as vacant. Left unchecked, vacant De Kalb homes and apartments can be a drag on the real estate market, holding De Kalb 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.

De Kalb Home Appreciation Rates

Appreciation rates for homes in De Kalb have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 10.52%, which ranks in the top 30% nationwide. This equates to an annual average De Kalb house appreciation rate of 1.01%.

NeighborhoodScout's data show that during the latest twelve months, De Kalb's appreciation rate, at 3.43%, has been at or slightly above the national average. In the latest quarter, De Kalb's appreciation rate has been 0.54%, which annualizes to a rate of 2.17%.

Relative to Mississippi, our data show that De Kalb's latest annual appreciation rate is higher than 50% of the other cities and towns in Mississippi.

Average Home Values

 

Median Home Value:
$69,763

De Kalb, MS HOME PRICES

Value Range
> $1,072,000 0.0
$804,001 - $1,072,000 0.0
$536,001 - $804,000 0.0
$429,001 - $536,000 0.0
$321,001 - $429,000 0.0
$214,001 - $321,000 3.2
$107,001 - $214,000 18.9
$54,001 - $107,000 38.9
$0 - $54,000 38.9

Very Low for MS
Very Low for Nation

Value Relative to Nation Value Relative to State
95.3533341146139 84.4897959183673

Number Of Homes And Apartments:
424

De Kalb 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
33.99% 1.71% 4 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$572 / per month

Homeownership Rate

Homeownership
Owners 67.03
Renters 32.97
Vacant 20.45

Housing Market Details

 

Age of Homes

AGE OF De Kalb HOMES
2000 or Newer 4.7
1970 - 1999 44.5
1940 - 1969 37.0
1939 or Older 13.9

Types of Homes

TYPE OF De Kalb HOMES
Single-Family 75.8
Townhomes 0.0
Small Apt. Buildings 4.7
Apt. Complexes 5.8
Mobile Homes 13.7
Other 0.0

Home Size

SIZE OF De Kalb HOMES
No Bedroom 0.00
1 Bedroom 7.69
2 Bedrooms 24.20
3 Bedrooms 54.78
4 Bedrooms 11.82
5 or more bedrooms 1.50

Popular Neighborhoods in De Kalb

Popular Communities Near De Kalb, MS

Zip Codes in De Kalb, MS