Gautier, MS Real Estate Market
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
Gautier, MS Housing Market Trends
With 18,977 people, 7,361 houses or apartments, and a median cost of homes of $202,021, house prices in Gautier are solidly below the national average.
Single-family detached homes are the single most common housing type in Gautier, accounting for 67.53% of the city's housing units. Other types of housing that are prevalent in Gautier include mobile homes or trailers ( 15.82%), large apartment complexes or high rise apartments ( 11.27%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.29%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Gautier. Owner-occupied housing accounts for 66.88% of Gautier's homes, and 69.62% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Gautier 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 Gautier built between 2000 and later ( 24.60%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.95%). There's also some housing in Gautier built before 1939 ( 1.03%).
Vacant housing appears to be an issue in Gautier. Fully 13.15% of the housing stock is classified as vacant. Left unchecked, vacant Gautier homes and apartments can be a drag on the real estate market, holding Gautier 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.
Gautier Home Appreciation Rates
Real estate appreciation rates in Gautier's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.38% during the period.
Over the last year, Gautier appreciation rates have trailed the rest of the nation. In the last twelve months, Gautier's appreciation rate has been 4.13%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Gautier were at -2.90%, which equates to an annual appreciation rate of -11.11%.
Notably, Gautier's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Mississippi, our data show that Gautier's latest annual appreciation rate is higher than 90% of the other cities and towns in Mississippi.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Gautier differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Gautier - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Gautier real estate investment or home purchase decisions.
Median Home Value
$202,021
High
for Mississippi
Low
for nation
Number of Homes And Apartments:
7,361
MS
America
2023 Q3 - 2023 Q4
2022 Q4 - 2023 Q4
2021 Q4 - 2023 Q4
2018 Q4 - 2023 Q4
2013 Q4 - 2023 Q4
2000 Q1 - 2023 Q4
Average Market Rent:
$1,609 / per month