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 19,055, 7,397 total housing units (homes and apartments), and a median house value of $231,705, house prices in Gautier are solidly below the national average.
Single-family detached homes are the single most common housing type in Gautier, accounting for 68.76% of the city's housing units. Other types of housing that are prevalent in Gautier include mobile homes or trailers ( 13.83%), large apartment complexes or high rise apartments ( 12.30%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.85%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Gautier. Owner-occupied housing accounts for 66.52% of Gautier's homes, and 71.63% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Gautier 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 Gautier built between 2000 and later ( 27.26%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.32%).
Gautier's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Gautier during the period has been just 5.78%, which is lower than 70% of US communities.
Appreciation rates are so strong in Gautier that despite a nationwide downturn in the housing market, Gautier real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Gautier appreciation rates continue to be some of the highest in America, at 5.83%, which is higher than appreciation rates in 75.08% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Gautier. Gautier appreciation rates in the latest quarter were at 0.52%, which equates to an annual appreciation rate of 2.08%.
Relative to Mississippi, our data show that Gautier's latest annual appreciation rate is higher than 80% of the other cities and towns in Mississippi.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Gautier differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Gautier - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Gautier real estate investment or home purchase decisions.
$231,705
for Mississippi
for nation
7,397
$1,453 / per month