Vancleave, MS
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Vancleave Neighborhoods Since 2000




Vancleave, MS Real Estate Data


Vancleave Housing Market Information

With a population of 6,022, 1,909 total housing units (homes and apartments), and a median house value of $144,561, Vancleave real estate is some of the most expensive in Mississippi, although Vancleave home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Vancleave, accounting for 78.10% of the town's housing units. Other types of housing that are prevalent in Vancleave include mobile homes or trailers ( 21.90%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Vancleave. Owner-occupied housing accounts for 89.67% of Vancleave's homes, and 77.01% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Vancleave 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 Vancleave built between 2000 and later ( 28.05%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.81%). There's also some housing in Vancleave built before 1939 ( 6.83%).

Vacant housing appears to be an issue in Vancleave. Fully 13.62% of the housing stock is classified as vacant. Left unchecked, vacant Vancleave homes and apartments can be a drag on the real estate market, holding Vancleave 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.

Vancleave Home Appreciation Rates

Vancleave's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Vancleave during the period has been just -1.07%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Vancleave's appreciation rate, at 5.48%, has been at or slightly above the national average. In the latest quarter, Vancleave's appreciation rate has been 4.37%, which annualizes to a rate of 18.64%.

Importantly, this makes Vancleave one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Mississippi, our data show that Vancleave's latest annual appreciation rate is higher than 60% of the other cities and towns in Mississippi.

Average Home Values

 

Median Home Value:
$144,561

Vancleave, MS HOME PRICES

Value Range
> $1,120,000 2.3
$840,001 - $1,120,000 0.0
$560,001 - $840,000 0.0
$448,001 - $560,000 0.0
$336,001 - $448,000 6.2
$224,001 - $336,000 15.8
$112,001 - $224,000 35.2
$56,001 - $112,000 22.9
$0 - $56,000 17.8

Very High for MS
Average for Nation

Value Relative to Nation Value Relative to State
53.3758856942086 11.0204081632653

Number Of Homes And Apartments:
1,909

Rent & Ownership

 

Average Market Rent:
$992 / per month

Homeownership Rate

Homeownership
Owners 89.67
Renters 10.33
Vacant 13.62

Housing Market Details

 

Age of Homes

AGE OF Vancleave HOMES
2000 or Newer 28.1
1970 - 1999 53.3
1940 - 1969 11.8
1939 or Older 6.8

Types of Homes

TYPE OF Vancleave HOMES
Single-Family 78.1
Townhomes 0.0
Small Apt. Buildings 0.0
Apt. Complexes 0.0
Mobile Homes 21.9
Other 0.0

Home Size

SIZE OF Vancleave HOMES
No Bedroom 0.00
1 Bedroom 2.26
2 Bedrooms 18.82
3 Bedrooms 63.03
4 Bedrooms 13.98
5 or more bedrooms 1.90

Vancleave Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MS*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
32.42% 1.67% 4 3
* 10 is highest

Popular Neighborhoods in Vancleave

Zip Codes in Vancleave, MS