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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 15,555 people, 5,906 houses or apartments, and a median cost of homes of $144,749, Long Beach real estate is some of the most expensive in Mississippi, although Long Beach home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Long Beach, accounting for 74.40% of the city's housing units. Other types of housing that are prevalent in Long Beach include large apartment complexes or high rise apartments ( 14.48%), duplexes, homes converted to apartments or other small apartment buildings ( 9.76%), and a few row houses and other attached homes ( 1.12%).
The most prevalent building size and type in Long Beach are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.05% owning and 40.95% renting.
There is a lot of housing in Long Beach 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 Long Beach built between 2000 and later ( 27.23%). A lesser amount of the housing stock also hails from between 1940-1969 ( 19.64%). There's also some housing in Long Beach built before 1939 ( 1.16%).
Vacant housing appears to be an issue in Long Beach. Fully 10.89% of the housing stock is classified as vacant. Left unchecked, vacant Long Beach homes and apartments can be a drag on the real estate market, holding Long Beach 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.
Long Beach's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Long Beach during the period has been just -2.09%, which is lower than 80% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Long Beach's appreciation rate, at 5.55%, has been at or slightly above the national average. In the latest quarter, Long Beach's appreciation rate has been -1.05%, which annualizes to a rate of -4.15%.
Notably, Long Beach's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Mississippi, our data show that Long Beach's latest annual appreciation rate is higher than 90% of the other cities and towns in Mississippi.
|$794,001 - $1,059,000||0.1|
|$530,001 - $794,000||0.1|
|$424,001 - $530,000||0.6|
|$317,001 - $424,000||3.2|
|$212,001 - $317,000||14.7|
|$106,001 - $212,000||46.0|
|$53,001 - $106,000||29.8|
|$0 - $53,000||4.9|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Long Beach HOMES|
|2000 or Newer||27.2|
|1970 - 1999||52.0|
|1940 - 1969||19.6|
|1939 or Older||1.2|
|TYPE OF Long Beach HOMES|
|Small Apt. Buildings||9.8|
|SIZE OF Long Beach HOMES|
|5 or more bedrooms||2.97|