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 Q3 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:
$105,209

Number Of Homes And Apartments:
1,097,102

Mississippi Home Prices

Value Range
> $1,074,346 0.4
$805,513 - $1,074,346 0.3
$537,174 - $805,512 1.1
$429,629 - $537,173 1.3
$322,138 - $429,628 3.6
$214,903 - $322,137 11.6
$107,393 - $214,902 31.7
$53,665 - $107,392 29.6
$0 - $53,664 20.3

Mississippi Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2018 Q2 - 2018 Q3
2.00% 8.25%
9
Last 12 Months:
2017 Q3 - 2018 Q3
3.34% 3.34%
2
Last 2 Years:
2016 Q3 - 2018 Q3
6.69% 3.29%
2
Last 5 Years:
2013 Q3 - 2018 Q3
14.69% 2.78%
2
Last 10 Years:
2008 Q3 - 2018 Q3
8.04% 0.78%
2
Since 2000:
2000 Q1 - 2018 Q3
50.92% 2.25%
1
* 10 is highest

Rent & Homeownership

Average Market Rent:
$967 / 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