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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 2,224, 854 total housing units (homes and apartments), and a median house value of $173,706, the cost of homes in Kiln is among some of the lowest in the nation. Compared to Mississippi, however, Kiln real state is not on the lower end of the price spectrum.
Single-family detached homes are the single most common housing type in Kiln, accounting for 76.14% of the town's housing units. Other types of housing that are prevalent in Kiln include mobile homes or trailers ( 23.42%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Kiln. Owner-occupied housing accounts for 92.06% of Kiln's homes, and 87.98% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Kiln 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 Kiln built between 2000 and later ( 38.86%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.35%).
Vacant housing appears to be an issue in Kiln. Fully 25.09% of the housing stock is classified as vacant. Left unchecked, vacant Kiln homes and apartments can be a drag on the real estate market, holding Kiln 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.
Kiln's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Kiln during the period has been just 5.81%, which is lower than 70% of US communities.
Over the last year, Kiln appreciation rates have trailed the rest of the nation. In the last twelve months, Kiln's appreciation rate has been -0.15%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Kiln were at -2.04%, which equates to an annual appreciation rate of -7.90%.
Notably, Kiln's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Mississippi, our data show that Kiln's latest annual appreciation rate is lower than 90% of the other cities and towns in Mississippi.
$173,706
for Mississippi
for nation
854
$1,091 / per month