Starkville, MS
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Starkville Neighborhoods Since 2000




Starkville, MS Real Estate 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 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Starkville Housing Market Information

With a population of 25,366, 9,695 total housing units (homes and apartments), and a median house value of $182,281, Starkville real estate is some of the most expensive in Mississippi, although Starkville home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Starkville, accounting for 47.45% of the city's housing units. Other types of housing that are prevalent in Starkville include large apartment complexes or high rise apartments ( 26.37%), duplexes, homes converted to apartments or other small apartment buildings ( 22.29%), and a few mobile homes or trailers ( 2.70%).

People in Starkville primarily live in small (one, two or no bedroom) single-family detached homes. Starkville has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Starkville built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Starkville built between 2000 and later ( 23.90%). A lesser amount of the housing stock also hails from between 1940-1969 ( 18.04%). There's also some housing in Starkville built before 1939 ( 3.56%).

Vacant housing appears to be an issue in Starkville. Fully 19.03% of the housing stock is classified as vacant. Left unchecked, vacant Starkville homes and apartments can be a drag on the real estate market, holding Starkville real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Starkville Home Appreciation Rates

In the last 10 years, Starkville has experienced some of the highest home appreciation rates of any community in the nation. Starkville real estate appreciated 20.66% over the last ten years, which is an average annual home appreciation rate of 1.90%, putting Starkville in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Starkville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Starkville that despite a nationwide downturn in the housing market, Starkville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Starkville appreciation rates continue to be some of the highest in America, at 5.68%, which is higher than appreciation rates in 71.18% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Starkville. Starkville appreciation rates in the latest quarter were at 0.54%, which equates to an annual appreciation rate of 2.17%.

Relative to Mississippi, our data show that Starkville's latest annual appreciation rate is higher than 90% of the other cities and towns in Mississippi.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Starkville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Starkville - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Starkville real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$182,281

Starkville, MS HOME PRICES

Value Range
> $1,129,000 0.4
$847,001 - $1,129,000 0.2
$565,001 - $847,000 2.0
$452,001 - $565,000 1.9
$339,001 - $452,000 7.6
$226,001 - $339,000 21.2
$113,001 - $226,000 42.5
$56,001 - $113,000 13.5
$0 - $56,000 10.8

Very High for MS
High for Nation

Value Relative to Nation Value Relative to State
37.3901324270479 3.26530612244898

Number Of Homes And Apartments:
9,695

Starkville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MS*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
49.63% 2.36% 8 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,015 / per month

Homeownership Rate

Homeownership
Owners 39.65
Renters 60.35
Vacant 19.03

Housing Market Details

 

Age of Homes

AGE OF Starkville HOMES
2000 or Newer 23.9
1970 - 1999 54.5
1940 - 1969 18.0
1939 or Older 3.6

Types of Homes

TYPE OF Starkville HOMES
Single-Family 47.4
Townhomes 1.2
Small Apt. Buildings 22.3
Apt. Complexes 26.4
Mobile Homes 2.7
Other 0.0

Home Size

SIZE OF Starkville HOMES
No Bedroom 2.89
1 Bedroom 11.98
2 Bedrooms 37.00
3 Bedrooms 34.63
4 Bedrooms 11.08
5 or more bedrooms 2.42