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 Q2 2021. 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:
$131,031

Number Of Homes And Apartments:
1,104,394

Mississippi Home Prices

> $1,149,404
0.6%
0.6%
$862,095 - $1,149,404
0.4%
0.4%
$575,100 - $862,094
1.3%
1.3%
$459,935 - $575,099
1.5%
1.5%
$344,789 - $459,934
4.3%
4.3%
$229,831 - $344,788
13.3%
13.3%
$115,131 - $229,830
33.2%
33.2%
$57,480 - $115,130
27.8%
27.8%
$0 - $57,479
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:
2021 Q1 - 2021 Q2
3.30% 13.88%
1
Last 12 Months:
2020 Q2 - 2021 Q2
8.05% 8.05%
2
Last 2 Years:
2019 Q2 - 2021 Q2
11.77% 5.72%
2
Last 5 Years:
2016 Q2 - 2021 Q2
21.51% 3.97%
2
Last 10 Years:
2011 Q2 - 2021 Q2
29.82% 2.64%
1
Since 2000:
2000 Q1 - 2021 Q2
70.35% 2.54%
1
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,017 / 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