Yazoo City, MS
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Yazoo City Neighborhoods Since 2000




Yazoo City, 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

Yazoo City Housing Market Information

With 11,245 people, 3,805 houses or apartments, and a median cost of homes of $82,874, house prices in Yazoo City are solidly below the national average.

Single-family detached homes are the single most common housing type in Yazoo City, accounting for 61.36% of the city's housing units. Other types of housing that are prevalent in Yazoo City include large apartment complexes or high rise apartments ( 19.39%), duplexes, homes converted to apartments or other small apartment buildings ( 13.40%), and a few mobile homes or trailers ( 4.11%).

The most prevalent building size and type in Yazoo City are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 41.38% owning and 58.62% renting.

There is a lot of housing in Yazoo City 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 Yazoo City built between 1940-1969 ( 33.72%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.57%). There's also some housing in Yazoo City built before 1939 ( 9.02%).

Vacant housing appears to be an issue in Yazoo City. Fully 14.01% of the housing stock is classified as vacant. Left unchecked, vacant Yazoo City homes and apartments can be a drag on the real estate market, holding Yazoo City 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.

Yazoo City Home Appreciation Rates

Appreciation rates for homes in Yazoo City have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 8.88%, which ranks in the top 40% nationwide. This equates to an annual average Yazoo City house appreciation rate of 0.85%.

NeighborhoodScout's data show that during the latest twelve months, Yazoo City's appreciation rate, at 3.76%, has been at or slightly above the national average. In the latest quarter, Yazoo City's appreciation rate has been -0.74%, which annualizes to a rate of -2.93%.

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

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

Average Home Values

 

Median Home Value:
$82,874

Yazoo City, MS HOME PRICES

Value Range
> $1,074,000 0.0
$805,001 - $1,074,000 0.2
$537,001 - $805,000 0.0
$429,001 - $537,000 0.5
$322,001 - $429,000 0.7
$215,001 - $322,000 2.2
$107,001 - $215,000 15.8
$54,001 - $107,000 49.7
$0 - $54,000 30.8

Low for MS
Very Low for Nation

Value Relative to Nation Value Relative to State
88.6382280557834 60.8163265306122

Number Of Homes And Apartments:
3,805

Yazoo City 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
41.32% 2.03% 6 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$790 / per month

Homeownership Rate

Homeownership
Owners 41.38
Renters 58.62
Vacant 14.01

Housing Market Details

 

Age of Homes

AGE OF Yazoo City HOMES
2000 or Newer 11.6
1970 - 1999 45.7
1940 - 1969 33.7
1939 or Older 9.0

Types of Homes

TYPE OF Yazoo City HOMES
Single-Family 61.4
Townhomes 1.7
Small Apt. Buildings 13.4
Apt. Complexes 19.4
Mobile Homes 4.1
Other 0.0

Home Size

SIZE OF Yazoo City HOMES
No Bedroom 0.79
1 Bedroom 11.73
2 Bedrooms 26.08
3 Bedrooms 48.52
4 Bedrooms 11.91
5 or more bedrooms 0.97

Popular Communities Near Yazoo City, MS

Zip Codes in Yazoo City, MS