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Mississippi
Real Estate Appreciation & Housing Market Trends






Mississippi Real Estate Market & Appreciation

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 Q3 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (latest available). Updated annually.

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

Average Home Values

Median Home Value

$176,505

Number Of Homes And Apartments:

1,104,946

Mississippi Home Prices

> $1,351,606
$1,013,749 - $1,351,606
$675,891 - $1,013,748
$540,742 - $675,890
$405,403 - $540,741
$270,440 - $405,402
$135,203 - $270,439
$67,596 - $135,202
$0 - $67,595
0.6%
0.6%
0.6%
0.6%
1.8%
1.8%
1.8%
1.8%
6.0%
6.0%
15.4%
15.4%
34.1%
34.1%
24.4%
24.4%
15.4%
15.4%
0% 100.0%
% of Homes

Mississippi Appreciation Rates

Rent & Homeownership

Average Market Rent:

$1,412 / per month

Homeownership Rate

Owners
Renters
Vacant
66.9%
66.9%
33.1%
33.1%
15.8%
15.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
25.1%
25.1%
48.9%
48.9%
21.6%
21.6%
4.4%
4.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
69.2%
69.2%
1.3%
1.3%
5.6%
5.6%
9.1%
9.1%
14.7%
14.7%
0.1%
0.1%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.6%
1.6%
6.0%
6.0%
21.2%
21.2%
52.4%
52.4%
15.9%
15.9%
3.0%
3.0%
0% 100.0%
% of Homes