Mississippi
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA






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 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (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:
$123,915

Number Of Homes And Apartments:
1,101,733

Mississippi Home Prices

> $1,132,616
0.6%
0.6%
$849,414 - $1,132,616
0.4%
0.4%
$566,310 - $849,413
1.2%
1.2%
$452,758 - $566,309
1.5%
1.5%
$339,740 - $452,757
4.1%
4.1%
$226,468 - $339,739
12.7%
12.7%
$113,186 - $226,467
32.8%
32.8%
$56,675 - $113,185
28.4%
28.4%
$0 - $56,674
18.5%
18.5%
0.0% 100.0%
% OF HOMES

Mississippi Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2020 Q2 - 2020 Q3
1.27% 5.17%
2
Last 12 Months:
2019 Q3 - 2020 Q3
3.42% 3.42%
2
Last 2 Years:
2018 Q3 - 2020 Q3
8.36% 4.10%
3
Last 5 Years:
2015 Q3 - 2020 Q3
16.64% 3.13%
2
Last 10 Years:
2010 Q3 - 2020 Q3
19.19% 1.77%
2
Since 2000:
2000 Q1 - 2020 Q3
60.88% 2.35%
1
* 10 is highest

Rent & Homeownership

Average Market Rent:
$986 / per month

Homeownership Rate

Owners
66.0%
66.0%
Renters
34.0%
34.0%
Vacant
16.0%
16.0%
0.0% 100.0%
% OF HOMES

Housing Details

Age of Homes

2000 or Newer
22.2%
22.2%
1970 - 1999
50.9%
50.9%
1940 - 1969
22.4%
22.4%
1939 or Older
4.5%
4.5%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
69.1%
69.1%
Townhomes
1.1%
1.1%
Small Apt. Buildings
5.4%
5.4%
Apt. Complexes
9.1%
9.1%
Mobile Homes
15.2%
15.2%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.5%
1.5%
1 Bedroom
5.9%
5.9%
2 Bedrooms
22.0%
22.0%
3 Bedrooms
53.0%
53.0%
4 Bedrooms
14.9%
14.9%
5 or more bedrooms
2.6%
2.6%
0.0% 100.0%
% OF HOMES