Kosciusko, MS
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Kosciusko Neighborhoods Since 2000




Kosciusko, 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

Kosciusko Housing Market Information

With 7,187 people, 2,638 houses or apartments, and a median cost of homes of $111,342, house prices in Kosciusko are solidly below the national average.

Single-family detached homes are the single most common housing type in Kosciusko, accounting for 73.15% of the city's housing units. Other types of housing that are prevalent in Kosciusko include large apartment complexes or high rise apartments ( 13.39%), duplexes, homes converted to apartments or other small apartment buildings ( 7.31%), and a few mobile homes or trailers ( 5.67%).

The most prevalent building size and type in Kosciusko are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 52.74% owning and 47.26% renting.

There is a lot of housing in Kosciusko 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 Kosciusko built between 1940-1969 ( 26.11%). A lesser amount of the housing stock also hails from before 1939 ( 16.03%). There's also some housing in Kosciusko built between 2000 and later ( 11.88%).

Vacant housing appears to be an issue in Kosciusko. Fully 15.07% of the housing stock is classified as vacant. Left unchecked, vacant Kosciusko homes and apartments can be a drag on the real estate market, holding Kosciusko 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.

Kosciusko Home Appreciation Rates

Appreciation rates for homes in Kosciusko have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 2.69%, which ranks in the top 50% nationwide. This equates to an annual average Kosciusko house appreciation rate of 0.27%.

Over the last year, Kosciusko appreciation rates have trailed the rest of the nation. In the last twelve months, Kosciusko's appreciation rate has been 1.81%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Kosciusko were at 0.54%, which equates to an annual appreciation rate of 2.17%.

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

Average Home Values

 

Median Home Value:
$111,342

Kosciusko, MS HOME PRICES

Value Range
> $1,103,000 0.0
$827,001 - $1,103,000 0.0
$552,001 - $827,000 0.0
$441,001 - $552,000 0.5
$331,001 - $441,000 1.2
$221,001 - $331,000 6.3
$110,001 - $221,000 25.9
$55,001 - $110,000 44.8
$0 - $55,000 21.2

High for MS
Low for Nation

Value Relative to Nation Value Relative to State
70.5847884682995 27.3469387755102

Number Of Homes And Apartments:
2,638

Kosciusko 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
33.47% 1.69% 4 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$756 / per month

Homeownership Rate

Homeownership
Owners 52.74
Renters 47.26
Vacant 15.07

Housing Market Details

 

Age of Homes

AGE OF Kosciusko HOMES
2000 or Newer 11.9
1970 - 1999 46.0
1940 - 1969 26.1
1939 or Older 16.0

Types of Homes

TYPE OF Kosciusko HOMES
Single-Family 73.1
Townhomes 0.5
Small Apt. Buildings 7.3
Apt. Complexes 13.4
Mobile Homes 5.7
Other 0.0

Home Size

SIZE OF Kosciusko HOMES
No Bedroom 0.61
1 Bedroom 8.47
2 Bedrooms 21.44
3 Bedrooms 61.20
4 Bedrooms 5.76
5 or more bedrooms 2.51

Popular Communities Near Kosciusko, MS

Zip Codes in Kosciusko, MS