Horn Lake, MS Real Estate
According to census data in the year 2000 there were 5,097 housing units in Horn Lake.
This represents a 62.5% growth from 3,136 in 1990.
Of those housing units, 5,097 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Horn Lake is about 72.2%.
Horn Lake's vacancy rate, including seasonal lodging, is about 3.8%.
Average household size is 2.82 people.
The majority of houses, apartments or condos in Horn Lake were built after 1989.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 6.90% |
| Two Bedrooms | 15.90% |
| Three Bedrooms | 67.10% |
| Four Bedrooms | 8.10% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.94 |
| Median year structure was built | 1987 |
| Median Value of occupied units | $75,700 |
| Median Price asked for vacant units | $77,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1992 |
| Median Monthly Rent asked for vacant units | $660 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 9.60% |
| Home Equity Loan | 8.60% |
| Simple Mortgage | 74.30% |
| Debt Free | 7.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.3% |
