Tunica, MS


Highest Appreciating Tunica Neighborhoods Since 2000

Tunica, 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

Tunica Housing Market Information

With a population of 981, 529 total housing units (homes and apartments), and a median house value of $102,897, house prices in Tunica are solidly below the national average.

Single-family detached homes are the single most common housing type in Tunica, accounting for 75.13% of the town's housing units. Other types of housing that are prevalent in Tunica include large apartment complexes or high rise apartments ( 12.35%), duplexes, homes converted to apartments or other small apartment buildings ( 6.53%), and a few mobile homes or trailers ( 3.70%).

The most prevalent building size and type in Tunica are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 55.77% owning and 44.23% renting.

There is a lot of housing in Tunica 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 Tunica built between 1940-1969 ( 33.33%). A lesser amount of the housing stock also hails from between 2000 and later ( 19.93%). There's also some housing in Tunica built before 1939 ( 10.58%).

Tunica Home Appreciation Rates

In the last 10 years, Tunica has experienced some of the highest home appreciation rates of any community in the nation. Tunica real estate appreciated 18.34% over the last ten years, which is an average annual home appreciation rate of 1.70%, putting Tunica in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Tunica 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 Tunica that despite a nationwide downturn in the housing market, Tunica real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Tunica appreciation rates continue to be some of the highest in America, at 6.16%, which is higher than appreciation rates in 75.45% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Tunica. Tunica appreciation rates in the latest quarter were at 0.35%, which equates to an annual appreciation rate of 1.41%.

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

Average Home Values


Median Home Value:


Value Range
> $1,147,000 0.0
$861,001 - $1,147,000 0.0
$574,001 - $861,000 0.9
$459,001 - $574,000 0.0
$344,001 - $459,000 3.5
$230,001 - $344,000 8.5
$115,001 - $230,000 26.4
$57,001 - $115,000 28.2
$0 - $57,000 32.5

High for MS
Low for Nation

Value Relative to Nation Value Relative to State
75.7178014766202 35.5102040816327

Number Of Homes And Apartments:

Tunica Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
33.91% 1.71% 4 4
* 10 is highest

Rent & Ownership


Average Market Rent:
$781 / per month

Homeownership Rate

Owners 55.77
Renters 44.23
Vacant 6.70

Housing Market Details


Age of Homes

2000 or Newer 19.9
1970 - 1999 36.2
1940 - 1969 33.3
1939 or Older 10.6

Types of Homes

Single-Family 75.1
Townhomes 2.3
Small Apt. Buildings 6.5
Apt. Complexes 12.3
Mobile Homes 3.7
Other 0.0

Home Size

No Bedroom 2.65
1 Bedroom 13.58
2 Bedrooms 28.40
3 Bedrooms 39.51
4 Bedrooms 13.76
5 or more bedrooms 2.12

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Zip Codes in Tunica, MS