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 a population of 13,654, 5,208 total housing units (homes and apartments), and a median house value of $89,005, 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 86.66% 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 ( 4.97%), large apartment complexes or high rise apartments ( 4.73%), and a few mobile homes or trailers ( 2.79%).
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 66.64% of Moss Point's homes, and 68.38% 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 56.87% of the city's housing hails from this era. Other housing ages represented in Moss Point include homes built between 1970-1999 ( 32.91%) and housing constructed before 1939 ( 5.20%). There's also some housing in Moss Point built between 2000 and later ( 5.02%).
Vacant housing appears to be an issue in Moss Point. Fully 19.58% 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's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Moss Point during the period has been just -0.86%, which is lower than 70% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Moss Point's appreciation rate, at 3.59%, has been at or slightly above the national average. In the latest quarter, Moss Point's appreciation rate has been -1.05%, which annualizes to a rate of -4.15%.
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 50% 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.
|$817,001 - $1,089,000||0.2|
|$544,001 - $817,000||0.6|
|$435,001 - $544,000||0.3|
|$326,001 - $435,000||2.7|
|$218,001 - $326,000||6.5|
|$109,001 - $218,000||32.7|
|$55,001 - $109,000||43.3|
|$0 - $55,000||13.1|
|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 Moss Point HOMES|
|2000 or Newer||5.0|
|1970 - 1999||32.9|
|1940 - 1969||56.9|
|1939 or Older||5.2|
|TYPE OF Moss Point HOMES|
|Small Apt. Buildings||5.0|
|SIZE OF Moss Point HOMES|
|5 or more bedrooms||3.32|