Moss Point, MS Real Estate Market

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 Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Moss Point, MS Housing Market Trends

With 13,350 people, 5,102 houses or apartments, and a median cost of homes of $100,994, the cost of homes in Moss Point is among some of the lowest in the nation. Compared to Mississippi, however, Moss Point real state is not on the lower end of the price spectrum.

Single-family detached homes are the single most common housing type in Moss Point, accounting for 86.44% of the city's housing units. Other types of housing that are prevalent in Moss Point include duplexes, homes converted to apartments or other small apartment buildings ( 7.16%), large apartment complexes or high rise apartments ( 4.08%), and a few mobile homes or trailers ( 1.44%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Moss Point. Owner-occupied housing accounts for 71.47% of Moss Point's homes, and 70.20% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Moss Point's housing was primarily built during this period, from the '40s through the '60s. A full 48.61% of the city's housing hails from this era. Other housing ages represented in Moss Point include homes built between 1970-1999 ( 40.38%) and housing constructed between 2000 and later ( 6.83%). There's also some housing in Moss Point built before 1939 ( 4.18%).

Vacant housing appears to be an issue in Moss Point. Fully 21.82% of the housing stock is classified as vacant. Left unchecked, vacant Moss Point homes and apartments can be a drag on the real estate market, holding Moss Point 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.

Moss Point Home Appreciation Rates

Real estate appreciation rates in Moss Point's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 3.39% during the period.

NeighborhoodScout's data show that during the latest twelve months, Moss Point's appreciation rate, at 8.66%, has been at or slightly above the national average. In the latest quarter, Moss Point's appreciation rate has been 1.48%, which annualizes to a rate of 6.03%.

Notably, Moss Point's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Mississippi, our data show that Moss Point'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 Moss Point differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Moss Point - 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 Moss Point real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$100,994

Moss Point, MS HOME PRICES

> $1,243,000
0.8%
0.8%
$933,001 - $1,243,000
0.7%
0.7%
$622,001 - $933,000
0.4%
0.4%
$497,001 - $622,000
0.4%
0.4%
$373,001 - $497,000
2.3%
2.3%
$249,001 - $373,000
9.2%
9.2%
$124,001 - $249,000
28.4%
28.4%
$62,001 - $124,000
45.5%
45.5%
$0 - $62,000
12.4%
12.4%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very Low for Nation

Average for MS

Value Relative To Nation

Number Of Homes And Apartments:
5,102

Moss Point Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MS*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
73.11% 2.59%
7
5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,115 / per month

Homeownership Rate

Owners
71.5%
71.5%
Renters
28.5%
28.5%
Vacant
21.8%
21.8%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
6.8%
6.8%
1970 - 1999
40.4%
40.4%
1940 - 1969
48.6%
48.6%
1939 or Older
4.2%
4.2%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
86.4%
86.4%
Townhomes
0.9%
0.9%
Small Apt. Buildings
7.2%
7.2%
Apt. Complexes
4.1%
4.1%
Mobile Homes
1.4%
1.4%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.4%
0.4%
1 Bedroom
2.6%
2.6%
2 Bedrooms
24.2%
24.2%
3 Bedrooms
55.2%
55.2%
4 Bedrooms
15.0%
15.0%
5 or more bedrooms
2.6%
2.6%
0.0% 100.0%
% OF HOMES