Walls, MS
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Walls Neighborhoods Since 2000




Walls, 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

Walls Housing Market Information

With 1,268 people, 423 houses or apartments, and a median cost of homes of $155,281, Walls real estate is some of the most expensive in Mississippi, although Walls home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Walls, accounting for 67.79% of the town's housing units. Other types of housing that are prevalent in Walls include large apartment complexes or high rise apartments ( 24.83%), duplexes, homes converted to apartments or other small apartment buildings ( 4.03%), and a few mobile homes or trailers ( 3.36%).

The most prevalent building size and type in Walls are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 36.88% owning and 63.12% renting.

Walls homes and real estate are some of the newest in America. 45.86% of Walls's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Walls real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 40.49%), and between 1940-1969 ( 10.96%). There's also some housing in Walls built before 1939 ( 2.68%).

Walls Home Appreciation Rates

Walls's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Walls during the period has been just -0.99%, which is lower than 70% of US communities.

Over the last year, Walls appreciation rates have trailed the rest of the nation. In the last twelve months, Walls's appreciation rate has been 2.04%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Walls were at 0.35%, which equates to an annual appreciation rate of 1.41%.

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

Average Home Values

 

Median Home Value:
$155,281

Walls, MS HOME PRICES

Value Range
> $1,062,000 0.0
$797,001 - $1,062,000 0.0
$531,001 - $797,000 0.0
$425,001 - $531,000 0.0
$319,001 - $425,000 4.2
$213,001 - $319,000 15.5
$106,001 - $213,000 57.2
$53,001 - $106,000 15.5
$0 - $53,000 7.6

Very High for MS
Average for Nation

Value Relative to Nation Value Relative to State
47.7967889370679 8.16326530612245

Number Of Homes And Apartments:
423

Walls 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
1.76% 0.10% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$995 / per month

Homeownership Rate

Homeownership
Owners 36.88
Renters 63.12
Vacant 5.37

Housing Market Details

 

Age of Homes

AGE OF Walls HOMES
2000 or Newer 45.9
1970 - 1999 40.5
1940 - 1969 11.0
1939 or Older 2.7

Types of Homes

TYPE OF Walls HOMES
Single-Family 67.8
Townhomes 0.0
Small Apt. Buildings 4.0
Apt. Complexes 24.8
Mobile Homes 3.4
Other 0.0

Home Size

SIZE OF Walls HOMES
No Bedroom 0.00
1 Bedroom 9.17
2 Bedrooms 26.85
3 Bedrooms 57.05
4 Bedrooms 6.04
5 or more bedrooms 0.89

Popular Neighborhoods in Walls

Zip Codes in Walls, MS