Mississippi
REAL ESTATE APPRECIATION & HOUSING MARKET TRENDS






Mississippi Real Estate Market & Appreciation

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 Q1 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Average Home Values

Median Home Value:
$154,066

Number Of Homes And Apartments:
1,116,649

Mississippi Home Prices

> $1,246,094
$934,705 - $1,246,094
$623,083 - $934,704
$498,285 - $623,082
$373,776 - $498,284
$249,247 - $373,775
$124,608 - $249,246
$62,283 - $124,607
$0 - $62,282
0.6%
0.6%
0.5%
0.5%
1.7%
1.7%
1.7%
1.7%
5.1%
5.1%
14.9%
14.9%
34.2%
34.2%
25.5%
25.5%
15.7%
15.7%
0.0% 100.0%
% OF HOMES

Mississippi Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2021 Q4 - 2022 Q1
2.84% 11.85%
5
Last 12 Months:
2021 Q1 - 2022 Q1
15.83% 15.83%
3
Last 2 Years:
2020 Q1 - 2022 Q1
21.34% 10.15%
2
Last 5 Years:
2017 Q1 - 2022 Q1
33.35% 5.93%
2
Last 10 Years:
2012 Q1 - 2022 Q1
44.63% 3.76%
2
Since 2000:
2000 Q1 - 2022 Q1
90.81% 2.98%
1
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,143 / per month

Homeownership Rate

Owners
Renters
Vacant
66.6%
66.6%
33.4%
33.4%
16.1%
16.1%
0.0% 100.0%
% OF HOMES

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
23.7%
23.7%
49.7%
49.7%
22.1%
22.1%
4.5%
4.5%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
69.3%
69.3%
1.2%
1.2%
5.6%
5.6%
9.0%
9.0%
14.8%
14.8%
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.6%
1.6%
5.8%
5.8%
21.4%
21.4%
52.8%
52.8%
15.5%
15.5%
2.9%
2.9%
0.0% 100.0%
% OF HOMES