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 Q2 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

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

Average Home Values

Median Home Value:
$107,690

Number Of Homes And Apartments:
1,098,803

Mississippi Home Prices

Value Range
> $1,094,021 0.4
$820,517 - $1,094,021 0.3
$546,923 - $820,516 1.1
$437,481 - $546,922 1.3
$328,131 - $437,480 3.6
$218,850 - $328,130 11.6
$109,410 - $218,849 31.7
$54,731 - $109,409 29.6
$0 - $54,730 20.3

Mississippi Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2018 Q1 - 2018 Q2
-0.73% -2.88%
1
Last 12 Months:
2017 Q2 - 2018 Q2
2.16% 2.16%
1
Last 2 Years:
2016 Q2 - 2018 Q2
5.14% 2.54%
1
Last 5 Years:
2013 Q2 - 2018 Q2
12.49% 2.38%
1
Last 10 Years:
2008 Q2 - 2018 Q2
3.83% 0.38%
2
Since 2000:
2000 Q1 - 2018 Q2
47.75% 2.16%
1
* 10 is highest


Rent & Homeownership

Average Market Rent:
$942 / per month

Homeownership Rate

Homeownership
Owners 65.78
Renters 34.22
Vacant 15.17

Housing Details

Age of Homes

AGE OF Mississippi HOMES
2000 or Newer 20.9
1970 - 1999 51.5
1940 - 1969 23.0
1939 or Older 4.6

Types of Homes

TYPE OF Mississippi HOMES
Single-Family 69.3
Townhomes 1.2
Small Apt. Buildings 5.4
Apt. Complexes 9.1
Mobile Homes 14.9
Other 0.1

Home Size

SIZE OF Mississippi HOMES
No Bedroom 1.43
1 Bedroom 5.85
2 Bedrooms 22.38
3 Bedrooms 53.28
4 Bedrooms 14.55
5 or more bedrooms 2.50