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 1,145, 697 total housing units (homes and apartments), and a median house value of $198,025, house prices in Mantachie are solidly below the national average.
Single-family detached homes are the single most common housing type in Mantachie, accounting for 88.28% of the town's housing units. Other types of housing that are prevalent in Mantachie include duplexes, homes converted to apartments or other small apartment buildings ( 5.60%), large apartment complexes or high rise apartments ( 3.52%), and a few mobile homes or trailers ( 1.82%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Mantachie. Owner-occupied housing accounts for 74.61% of Mantachie's homes, and 75.65% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Mantachie 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 Mantachie built between 1940-1969 ( 21.74%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.93%).
Mantachie's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Mantachie during the period has been just 5.60%, which is lower than 70% of US communities.
Over the last year, Mantachie appreciation rates have trailed the rest of the nation. In the last twelve months, Mantachie's appreciation rate has been 2.74%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Mantachie were at 0.14%, which equates to an annual appreciation rate of 0.56%.
Relative to Mississippi, our data show that Mantachie's latest annual appreciation rate is higher than 80% of the other cities and towns in Mississippi.
$198,025
for Mississippi
for nation
697
$1,267 / per month