Mississippi
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Top Ten Highest Appreciating MS Cities Since 2000




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 Q2 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

Average Home Values

Median Home Value:
$104,264

Number Of Homes And Apartments:
1,096,593

Mississippi Home Prices

Value Range
> $1,076,000 0.5
$807,001 - $1,076,000 0.3
$538,001 - $807,000 1.0
$430,001 - $538,000 1.3
$323,001 - $430,000 3.4
$215,001 - $323,000 11.2
$108,001 - $215,000 31.5
$54,001 - $108,000 29.9
$0 - $54,000 20.9

Mississippi Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2017 Q1 - 2017 Q2
0.14% 0.57% 1
Last 12 Months:
2016 Q2 - 2017 Q2
2.72% 2.72% 2
Last 2 Years:
2015 Q2 - 2017 Q2
5.81% 2.86% 2
Last 5 Years:
2012 Q2 - 2017 Q2
10.41% 2.00% 1
Last 10 Years:
2007 Q2 - 2017 Q2
2.48% 0.24% 4
Since 2000:
2000 Q1 - 2017 Q2
44.77% 2.17% 1
* 10 is highest

Rent & Homeownership

Average Market Rent:
$970 / per month

Homeownership Rate

Homeownership
Owners 66.22
Renters 33.78
Vacant 14.97

Housing Details

Age of Homes

AGE OF Mississippi HOMES
2000 or Newer 20.3
1970 - 1999 51.8
1940 - 1969 23.2
1939 or Older 4.8

Types of Homes

TYPE OF Mississippi HOMES
Single-Family 69.4
Townhomes 1.2
Small Apt. Buildings 5.3
Apt. Complexes 9.0
Mobile Homes 15.0
Other 0.1

Home Size

SIZE OF Mississippi HOMES
No Bedroom 1.39
1 Bedroom 5.91
2 Bedrooms 22.21
3 Bedrooms 53.60
4 Bedrooms 14.48
5 or more bedrooms 2.41