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 Q4 2018. 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:
$112,360

Number Of Homes And Apartments:
1,103,514

Mississippi Home Prices

Value Range
> $1,082,696 0.5
$812,127 - $1,082,696 0.4
$541,375 - $812,126 1.2
$433,093 - $541,374 1.4
$324,749 - $433,092 3.9
$216,434 - $324,748 12.0
$108,303 - $216,433 31.9
$54,124 - $108,302 29.2
$0 - $54,123 19.6

Mississippi Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2018 Q3 - 2018 Q4
0.83% 3.36%
7
Last 12 Months:
2017 Q4 - 2018 Q4
4.43% 4.43%
4
Last 2 Years:
2016 Q4 - 2018 Q4
5.84% 2.88%
2
Last 5 Years:
2013 Q4 - 2018 Q4
16.51% 3.10%
2
Last 10 Years:
2008 Q4 - 2018 Q4
8.15% 0.79%
2
Since 2000:
2000 Q1 - 2018 Q4
52.57% 2.28%
1
* 10 is highest

Rent & Homeownership

Average Market Rent:
$917 / 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