Horn Lake, MS


Highest Appreciating Horn Lake Neighborhoods Since 2000

Horn Lake, 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

Horn Lake Housing Market Information

With a population of 26,915, 9,429 total housing units (homes and apartments), and a median house value of $108,287, house prices in Horn Lake are solidly below the national average.

Single-family detached homes are the single most common housing type in Horn Lake, accounting for 78.28% of the city's housing units. Other types of housing that are prevalent in Horn Lake include large apartment complexes or high rise apartments ( 13.63%), row houses and other attached homes ( 3.97%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.10%).

The most prevalent building size and type in Horn Lake are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.89% owning and 40.11% renting.

There is a lot of housing in Horn Lake 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 Horn Lake built between 2000 and later ( 24.13%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.94%).

Horn Lake Home Appreciation Rates

Real estate appreciation rates in Horn Lake's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.79% during the period.

Appreciation rates are so strong in Horn Lake that despite a nationwide downturn in the housing market, Horn Lake real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Horn Lake appreciation rates continue to be some of the highest in America, at 6.73%, which is higher than appreciation rates in 79.48% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Horn Lake. Horn Lake 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 Horn Lake'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 Horn Lake differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Horn Lake - 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 Horn Lake real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,103,000 0.5
$827,001 - $1,103,000 0.0
$551,001 - $827,000 0.3
$441,001 - $551,000 1.0
$330,001 - $441,000 0.8
$220,001 - $330,000 7.0
$110,001 - $220,000 35.1
$55,001 - $110,000 46.1
$0 - $55,000 9.3

High for MS
Low for Nation

Value Relative to Nation Value Relative to State
72.3954060705496 30.2040816326531

Number Of Homes And Apartments:

Horn Lake Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
9.95% 0.55% 1 1
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,202 / per month

Homeownership Rate

Owners 59.89
Renters 40.11
Vacant 7.09

Housing Market Details


Age of Homes

2000 or Newer 24.1
1970 - 1999 66.2
1940 - 1969 8.9
1939 or Older 0.8

Types of Homes

Single-Family 78.3
Townhomes 4.0
Small Apt. Buildings 2.1
Apt. Complexes 13.6
Mobile Homes 2.0
Other 0.0

Home Size

No Bedroom 0.71
1 Bedroom 4.26
2 Bedrooms 15.86
3 Bedrooms 66.79
4 Bedrooms 11.58
5 or more bedrooms 0.80