Pass Christian, 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 Q1 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

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

Pass Christian, MS Housing Market Trends

With 5,686 people, 2,425 houses or apartments, and a median cost of homes of $304,757, Pass Christian real estate is some of the most expensive in Mississippi, although Pass Christian home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Pass Christian, accounting for 83.98% of the city's housing units. Other types of housing that are prevalent in Pass Christian include large apartment complexes or high rise apartments ( 11.43%), duplexes, homes converted to apartments or other small apartment buildings ( 2.50%), and a few mobile homes or trailers ( 1.27%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Pass Christian. Owner-occupied housing accounts for 72.50% of Pass Christian's homes, and 73.82% have either three or four bedrooms, which is average sized relative to America.

Pass Christian homes and real estate are some of the newest in America. 56.98% of Pass Christian's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Pass Christian real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 29.28%), and between 1940-1969 ( 9.72%). There's also some housing in Pass Christian built before 1939 ( 4.02%).

Vacant housing appears to be an issue in Pass Christian. Fully 23.24% of the housing stock is classified as vacant. Left unchecked, vacant Pass Christian homes and apartments can be a drag on the real estate market, holding Pass Christian 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.

Pass Christian Home Appreciation Rates

Pass Christian's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Pass Christian during the period has been just 2.93%, which is lower than 80% of US communities.

Over the last year, Pass Christian appreciation rates have trailed the rest of the nation. In the last twelve months, Pass Christian's appreciation rate has been 12.27%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Pass Christian were at 2.48%, which equates to an annual appreciation rate of 10.30%.

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

Average Home Values

 

Median Home Value:
$304,757

Pass Christian, MS HOME PRICES

> $1,244,000
$934,001 - $1,244,000
$623,001 - $934,000
$497,001 - $623,000
$373,001 - $497,000
$249,001 - $373,000
$124,001 - $249,000
$62,001 - $124,000
$0 - $62,000
2.7%
2.7%
1.1%
1.1%
0.9%
0.9%
4.3%
4.3%
10.3%
10.3%
24.6%
24.6%
49.8%
49.8%
3.8%
3.8%
2.6%
2.6%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Very High for MS

Value Relative To Nation

Number Of Homes And Apartments:
2,425

Pass Christian Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MS*
Compared To
America*
Latest Quarter:
2021 Q4 - 2022 Q1
Last 12 Months:
2021 Q1 - 2022 Q1
Last 2 Years:
2020 Q1 - 2022 Q1
Last 5 Years:
2017 Q1 - 2022 Q1
Last 10 Years:
2012 Q1 - 2022 Q1
Since 2000:
2000 Q1 - 2022 Q1
83.39% 2.76%
6
3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,451 / per month

Homeownership Rate

Owners
Renters
Vacant
72.5%
72.5%
27.5%
27.5%
23.2%
23.2%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
57.0%
57.0%
29.3%
29.3%
9.7%
9.7%
4.0%
4.0%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
84.0%
84.0%
0.8%
0.8%
2.5%
2.5%
11.4%
11.4%
1.3%
1.3%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.3%
0.3%
4.1%
4.1%
17.3%
17.3%
55.9%
55.9%
17.9%
17.9%
4.4%
4.4%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Pass Christian

Zip Codes in Pass Christian, MS