Mississippi
REAL ESTATE APPRECIATION & HOUSING MARKET TRENDS






Mississippi Real Estate Market & Appreciation

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Average Home Values

Median Home Value:
$126,837

Number Of Homes And Apartments:
1,104,394

Mississippi Home Prices

> $1,118,005
0.6%
0.6%
$838,173 - $1,118,005
0.4%
0.4%
$559,003 - $838,172
1.3%
1.3%
$447,187 - $559,002
1.5%
1.5%
$335,320 - $447,186
4.3%
4.3%
$223,519 - $335,319
13.3%
13.3%
$111,844 - $223,518
33.2%
33.2%
$55,907 - $111,843
27.8%
27.8%
$0 - $55,906
17.5%
17.5%
0.0% 100.0%
% OF HOMES

Mississippi Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2020 Q3 - 2020 Q4
2.07% 8.55%
6
Last 12 Months:
2019 Q4 - 2020 Q4
5.01% 5.01%
3
Last 2 Years:
2018 Q4 - 2020 Q4
9.49% 4.64%
2
Last 5 Years:
2015 Q4 - 2020 Q4
18.02% 3.37%
2
Last 10 Years:
2010 Q4 - 2020 Q4
22.13% 2.02%
2
Since 2000:
2000 Q1 - 2020 Q4
63.70% 2.40%
1
* 10 is highest

Rent & Homeownership

Average Market Rent:
$977 / per month

Homeownership Rate

Owners
66.0%
66.0%
Renters
34.0%
34.0%
Vacant
16.5%
16.5%
0.0% 100.0%
% OF HOMES

Housing Market Details

Age of Homes

2000 or Newer
22.7%
22.7%
1970 - 1999
50.6%
50.6%
1940 - 1969
22.1%
22.1%
1939 or Older
4.6%
4.6%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
69.1%
69.1%
Townhomes
1.2%
1.2%
Small Apt. Buildings
5.4%
5.4%
Apt. Complexes
9.1%
9.1%
Mobile Homes
15.1%
15.1%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.6%
1.6%
1 Bedroom
5.9%
5.9%
2 Bedrooms
21.9%
21.9%
3 Bedrooms
52.9%
52.9%
4 Bedrooms
15.1%
15.1%
5 or more bedrooms
2.7%
2.7%
0.0% 100.0%
% OF HOMES