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 9,211 people, 4,087 houses or apartments, and a median cost of homes of $271,434, Diamondhead real estate is some of the most expensive in Mississippi, although Diamondhead home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Diamondhead, accounting for 89.84% of the city's housing units. Other types of housing that are prevalent in Diamondhead include large apartment complexes or high rise apartments ( 5.90%), row houses and other attached homes ( 2.88%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Diamondhead. Owner-occupied housing accounts for 88.90% of Diamondhead's homes, and 76.74% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Diamondhead 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 Diamondhead built between 2000 and later ( 38.07%). A lesser amount of the housing stock also hails from between 1940-1969 ( 2.00%).
Diamondhead's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Diamondhead during the period has been just 5.64%, which is lower than 70% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Diamondhead's appreciation rate, at 8.16%, has been at or slightly above the national average. In the latest quarter, Diamondhead's appreciation rate has been 4.82%, which annualizes to a rate of 20.70%.
Importantly, this makes Diamondhead one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Mississippi, our data show that Diamondhead's latest annual appreciation rate is lower than 50% of the other cities and towns in Mississippi.
$271,434
for Mississippi
for nation
4,087
$2,445 / per month