Pass Christian, MS
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Pass Christian Neighborhoods Since 2000




Pass Christian, 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

Pass Christian Housing Market Information

With a population of 5,498, 1,892 total housing units (homes and apartments), and a median house value of $166,999, 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 81.81% of the city's housing units. Other types of housing that are prevalent in Pass Christian include large apartment complexes or high rise apartments ( 9.29%), duplexes, homes converted to apartments or other small apartment buildings ( 6.89%), and a few row houses and other attached homes ( 1.49%).

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 70.00% of Pass Christian's homes, and 72.12% 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. 42.97% 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 ( 40.01%), and between 1940-1969 ( 13.27%). There's also some housing in Pass Christian built before 1939 ( 3.75%).

Vacant housing appears to be an issue in Pass Christian. Fully 31.05% 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 -1.89%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Pass Christian's appreciation rate, at 5.39%, has been at or slightly above the national average. In the latest quarter, Pass Christian's appreciation rate has been -1.05%, which annualizes to a rate of -4.15%.

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

Relative to Mississippi, our data show that Pass Christian's latest annual appreciation rate is higher than 90% of the other cities and towns in Mississippi.

Average Home Values

 

Median Home Value:
$166,999

Pass Christian, MS HOME PRICES

Value Range
> $1,072,000 0.8
$804,001 - $1,072,000 2.3
$536,001 - $804,000 2.3
$428,001 - $536,000 2.3
$322,001 - $428,000 7.1
$214,001 - $322,000 27.8
$107,001 - $214,000 38.4
$53,001 - $107,000 14.9
$0 - $53,000 4.2

Very High for MS
Average for Nation

Value Relative to Nation Value Relative to State
42.7809680065628 5.30612244897959

Number Of Homes And Apartments:
1,892

Pass Christian 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
40.80% 2.00% 6 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$925 / per month

Homeownership Rate

Homeownership
Owners 70.00
Renters 30.00
Vacant 31.05

Housing Market Details

 

Age of Homes

AGE OF Pass Christian HOMES
2000 or Newer 43.0
1970 - 1999 40.0
1940 - 1969 13.3
1939 or Older 3.8

Types of Homes

TYPE OF Pass Christian HOMES
Single-Family 81.8
Townhomes 1.5
Small Apt. Buildings 6.9
Apt. Complexes 9.3
Mobile Homes 0.5
Other 0.0

Home Size

SIZE OF Pass Christian HOMES
No Bedroom 0.18
1 Bedroom 4.34
2 Bedrooms 19.93
3 Bedrooms 55.61
4 Bedrooms 16.51
5 or more bedrooms 3.43

Popular Neighborhoods in Pass Christian

Zip Codes in Pass Christian, MS