Hernando, MS Real Estate

According to census data in the year 2000 there were 2,725 housing units in Hernando. This represents a 117.1% growth from 1,255 in 1990.

Of those housing units, 2,539 were located in either urbanized areas or urban clusters, and 186 were located in what is classified as a rural area.

Homeownership rate in Hernando is about 75.4%. Hernando's vacancy rate, including seasonal lodging, is about 8.4%. Average household size is 2.56 people.

The majority of houses, apartments or condos in Hernando were built after 1988.


Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom9.10%
Two Bedrooms22.80%
Three Bedrooms53.50%
Four Bedrooms11.20%
Five Bedrooms or more2.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.65
Median year structure was built1989
Median Value of occupied units$111,200
Median Price asked for vacant units$181,300

Rented Homes, Apartments and Condos

Average Household Size2.28
Median year structure was built1987
Median Monthly Rent asked for vacant units$504

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.90%
Home Equity Loan6.70%
Simple Mortgage61.70%
Debt Free23.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18%