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 854, 349 total housing units (homes and apartments), and a median house value of $151,689, the cost of homes in Mathiston is among some of the lowest in the nation. Compared to Mississippi, however, Mathiston real state is not on the lower end of the price spectrum.
Single-family detached homes are the single most common housing type in Mathiston, accounting for 80.31% of the town's housing units. Other types of housing that are prevalent in Mathiston include large apartment complexes or high rise apartments ( 7.77%), duplexes, homes converted to apartments or other small apartment buildings ( 6.48%), and a few mobile homes or trailers ( 5.44%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Mathiston. Owner-occupied housing accounts for 72.46% of Mathiston's homes, and 65.80% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Mathiston 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 Mathiston built before 1939 ( 23.58%). A lesser amount of the housing stock also hails from between 1940-1969 ( 18.65%). There's also some housing in Mathiston built between 2000 and later ( 11.40%).
Real estate appreciation rates in Mathiston's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.84% during the period.
NeighborhoodScout's data show that during the latest twelve months, Mathiston's appreciation rate, at 6.24%, has been at or slightly above the national average. In the latest quarter, Mathiston's appreciation rate has been 2.38%, which annualizes to a rate of 9.88%.
Relative to Mississippi, our data show that Mathiston's latest annual appreciation rate is higher than 50% of the other cities and towns in Mississippi.
$151,689
for Mississippi
for nation
349
$1,020 / per month