Mississippi
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Mississippi Real Estate Values & Housing Market 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 Q4 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Average Home Values

Median Home Value:
$121,565

Number Of Homes And Apartments:
1,105,576

Mississippi Home Prices

Value Range
> $1,120,245 0.6
$840,224 - $1,120,245 0.4
$560,187 - $840,223 1.2
$447,928 - $560,186 1.5
$336,014 - $447,927 4.1
$224,065 - $336,013 12.7
$111,949 - $224,064 32.8
$56,001 - $111,948 28.4
$0 - $56,000 18.5

Mississippi Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2019 Q3 - 2019 Q4
0.58% 2.33%
2
Last 12 Months:
2018 Q4 - 2019 Q4
4.59% 4.59%
3
Last 2 Years:
2017 Q4 - 2019 Q4
8.40% 4.12%
3
Last 5 Years:
2014 Q4 - 2019 Q4
17.44% 3.27%
2
Last 10 Years:
2009 Q4 - 2019 Q4
15.78% 1.48%
2
Since 2000:
2000 Q1 - 2019 Q4
58.26% 2.35%
1
* 10 is highest

Rent & Homeownership

Average Market Rent:
$961 / per month

Homeownership Rate

Homeownership
Owners 66.00
Renters 34.00
Vacant 16.00

Housing Details

Age of Homes

AGE OF Mississippi HOMES
2000 or Newer 22.2
1970 - 1999 50.9
1940 - 1969 22.4
1939 or Older 4.5

Types of Homes

TYPE OF Mississippi HOMES
Single-Family 69.1
Townhomes 1.1
Small Apt. Buildings 5.4
Apt. Complexes 9.1
Mobile Homes 15.2
Other 0.1

Home Size

SIZE OF Mississippi HOMES
No Bedroom 1.53
1 Bedroom 5.90
2 Bedrooms 22.04
3 Bedrooms 53.00
4 Bedrooms 14.93
5 or more bedrooms 2.60