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 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

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

Average Home Values

Median Home Value:
$114,381

Number Of Homes And Apartments:
1,103,514

Mississippi Home Prices

Value Range
> $1,098,572 0.5
$823,754 - $1,098,572 0.4
$549,435 - $823,753 1.2
$439,312 - $549,434 1.4
$329,593 - $439,311 3.9
$219,801 - $329,592 12.0
$109,882 - $219,800 31.9
$54,997 - $109,881 29.2
$0 - $54,996 19.6

Mississippi Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2019 Q1 - 2019 Q2
2.18% 8.99%
8
Last 12 Months:
2018 Q2 - 2019 Q2
4.90% 4.90%
6
Last 2 Years:
2017 Q2 - 2019 Q2
8.04% 3.94%
3
Last 5 Years:
2014 Q2 - 2019 Q2
17.51% 3.28%
2
Last 10 Years:
2009 Q2 - 2019 Q2
10.95% 1.04%
2
Since 2000:
2000 Q1 - 2019 Q2
55.45% 2.32%
1
* 10 is highest

Rent & Homeownership

Average Market Rent:
$941 / per month

Homeownership Rate

Homeownership
Owners 65.97
Renters 34.03
Vacant 15.65

Housing Details

Age of Homes

AGE OF Mississippi HOMES
2000 or Newer 21.6
1970 - 1999 51.1
1940 - 1969 22.7
1939 or Older 4.5

Types of Homes

TYPE OF Mississippi HOMES
Single-Family 69.2
Townhomes 1.2
Small Apt. Buildings 5.4
Apt. Complexes 9.1
Mobile Homes 15.1
Other 0.1

Home Size

SIZE OF Mississippi HOMES
No Bedroom 1.48
1 Bedroom 5.91
2 Bedrooms 22.20
3 Bedrooms 53.12
4 Bedrooms 14.72
5 or more bedrooms 2.57