Tylertown, MS
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Tylertown, 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

Tylertown Housing Market Information

With 1,515 people, 638 houses or apartments, and a median cost of homes of $119,853, house prices in Tylertown are solidly below the national average.

Single-family detached homes are the single most common housing type in Tylertown, accounting for 66.79% of the town's housing units. Other types of housing that are prevalent in Tylertown include mobile homes or trailers ( 17.69%), duplexes, homes converted to apartments or other small apartment buildings ( 10.64%), and a few row houses and other attached homes ( 3.85%).

The most prevalent building size and type in Tylertown are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 58.92% owning and 41.08% renting.

There is a lot of housing in Tylertown 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 Tylertown built between 1940-1969 ( 40.26%). A lesser amount of the housing stock also hails from before 1939 ( 17.18%). There's also some housing in Tylertown built between 2000 and later ( 1.92%).

Vacant housing appears to be an issue in Tylertown. Fully 18.21% of the housing stock is classified as vacant. Left unchecked, vacant Tylertown homes and apartments can be a drag on the real estate market, holding Tylertown 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.

Tylertown Home Appreciation Rates

In the last 10 years, Tylertown has experienced some of the highest home appreciation rates of any community in the nation. Tylertown real estate appreciated 26.44% over the last ten years, which is an average annual home appreciation rate of 2.37%, putting Tylertown in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Tylertown definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Tylertown's appreciation rate, at 4.41%, has been at or slightly above the national average. In the latest quarter, Tylertown's appreciation rate has been 0.54%, which annualizes to a rate of 2.17%.

Relative to Mississippi, our data show that Tylertown's latest annual appreciation rate is higher than 70% of the other cities and towns in Mississippi.

Average Home Values

 

Median Home Value:
$119,853

Tylertown, MS HOME PRICES

Value Range
> $1,113,000 0.0
$834,001 - $1,113,000 0.0
$556,001 - $834,000 0.1
$445,001 - $556,000 0.0
$334,001 - $445,000 5.7
$223,001 - $334,000 11.2
$111,001 - $223,000 36.3
$55,001 - $111,000 21.3
$0 - $55,000 25.4

High for MS
Low for Nation

Value Relative to Nation Value Relative to State
65.4400562521974 22.8571428571429

Number Of Homes And Apartments:
638

Tylertown 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
69.98% 3.12% 10 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$457 / per month

Homeownership Rate

Homeownership
Owners 58.92
Renters 41.08
Vacant 18.21

Housing Market Details

 

Age of Homes

AGE OF Tylertown HOMES
2000 or Newer 1.9
1970 - 1999 40.6
1940 - 1969 40.3
1939 or Older 17.2

Types of Homes

TYPE OF Tylertown HOMES
Single-Family 66.8
Townhomes 3.8
Small Apt. Buildings 10.6
Apt. Complexes 1.0
Mobile Homes 17.7
Other 0.0

Home Size

SIZE OF Tylertown HOMES
No Bedroom 0.00
1 Bedroom 5.13
2 Bedrooms 37.95
3 Bedrooms 41.67
4 Bedrooms 13.85
5 or more bedrooms 1.41

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Zip Codes in Tylertown, MS