Vancleave, MS
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Vancleave Neighborhoods Since 2000




Vancleave, 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

Vancleave Housing Market Information

With 6,022 people, 1,901 houses or apartments, and a median cost of homes of $148,755, 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 68.39% of the town's housing units. Other types of housing that are prevalent in Vancleave include mobile homes or trailers ( 31.61%).

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 89.06% of Vancleave's homes, and 78.66% 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 ( 32.98%). A lesser amount of the housing stock also hails from between 1940-1969 ( 9.88%). There's also some housing in Vancleave built before 1939 ( 4.92%).

Vacant housing appears to be an issue in Vancleave. Fully 18.69% 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 -1.54%, which is lower than 80% of US communities.

Over the last year, Vancleave appreciation rates have trailed the rest of the nation. In the last twelve months, Vancleave's appreciation rate has been -0.14%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Vancleave were at -1.05%, which equates to an annual appreciation rate of -4.15%.

Notably, Vancleave's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

 

Median Home Value:
$148,755

Vancleave, MS HOME PRICES

Value Range
> $1,057,000 2.7
$793,001 - $1,057,000 0.0
$529,001 - $793,000 0.0
$423,001 - $529,000 0.0
$317,001 - $423,000 6.0
$211,001 - $317,000 17.2
$106,001 - $211,000 34.8
$53,001 - $106,000 22.7
$0 - $53,000 16.6

Very High for MS
Average for Nation

Value Relative to Nation Value Relative to State
50.5742411812961 10.2040816326531

Number Of Homes And Apartments:
1,901

Vancleave 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
30.48% 1.55% 3 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$871 / per month

Homeownership Rate

Homeownership
Owners 89.06
Renters 10.94
Vacant 18.69

Housing Market Details

 

Age of Homes

AGE OF Vancleave HOMES
2000 or Newer 33.0
1970 - 1999 52.2
1940 - 1969 9.9
1939 or Older 4.9

Types of Homes

TYPE OF Vancleave HOMES
Single-Family 68.4
Townhomes 0.0
Small Apt. Buildings 0.0
Apt. Complexes 0.0
Mobile Homes 31.6
Other 0.0

Home Size

SIZE OF Vancleave HOMES
No Bedroom 0.00
1 Bedroom 3.46
2 Bedrooms 14.63
3 Bedrooms 62.87
4 Bedrooms 15.78
5 or more bedrooms 3.25

Popular Neighborhoods in Vancleave

Zip Codes in Vancleave, MS