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 Q1 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:
$104,704

Number Of Homes And Apartments:
1,098,803

Mississippi Home Prices

Value Range
> $1,067,736 0.4
$800,590 - $1,067,736 0.3
$533,701 - $800,589 1.1
$427,022 - $533,700 1.3
$320,258 - $427,021 3.6
$213,466 - $320,257 11.6
$106,770 - $213,465 31.7
$53,337 - $106,769 29.6
$0 - $53,336 20.3

Mississippi Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2017 Q4 - 2018 Q1
1.99% 8.21%
9
Last 12 Months:
2017 Q1 - 2018 Q1
3.79% 3.79%
2
Last 2 Years:
2016 Q1 - 2018 Q1
7.08% 3.48%
3
Last 5 Years:
2013 Q1 - 2018 Q1
13.54% 2.57%
2
Last 10 Years:
2008 Q1 - 2018 Q1
4.19% 0.41%
4
Since 2000:
2000 Q1 - 2018 Q1
49.37% 2.25%
1
* 10 is highest


Rent & Homeownership

Average Market Rent:
$963 / 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