Southaven, MS Real Estate
According to census data in the year 2000 there were 11,486 housing units in Southaven.
This represents a 82% growth from 6,312 in 1990.
Of those housing units, 10,684 were located in either urbanized areas or urban clusters, and 802 were located in what is classified as a rural area.
Homeownership rate in Southaven is about 72.3%.
Southaven's vacancy rate, including seasonal lodging, is about 3.9%.
Average household size is 2.62 people.
The majority of houses, apartments or condos in Southaven were built after 1985.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 6.50% |
| Two Bedrooms | 20.30% |
| Three Bedrooms | 59.30% |
| Four Bedrooms | 11.50% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.7 |
| Median year structure was built | 1984 |
| Median Value of occupied units | $91,400 |
| Median Price asked for vacant units | $135,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.42 |
| Median year structure was built | 1988 |
| Median Monthly Rent asked for vacant units | $606 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 7.30% |
| Home Equity Loan | 5.50% |
| Simple Mortgage | 65.50% |
| Debt Free | 21.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.8% |
