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 1,111 people, 650 houses or apartments, and a median cost of homes of $139,716, the cost of homes in Taylorsville is among some of the lowest in the nation. Compared to Mississippi, however, Taylorsville real state is not on the lower end of the price spectrum.
Single-family detached homes are the single most common housing type in Taylorsville, accounting for 69.00% of the town's housing units. Other types of housing that are prevalent in Taylorsville include large apartment complexes or high rise apartments ( 13.44%), mobile homes or trailers ( 7.27%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.27%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Taylorsville. Owner-occupied housing accounts for 67.36% of Taylorsville's homes, and 68.72% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Taylorsville 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 Taylorsville built between 1940-1969 ( 35.12%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.64%). There's also some housing in Taylorsville built before 1939 ( 4.25%).
Vacant housing appears to be an issue in Taylorsville. Fully 10.84% of the housing stock is classified as vacant. Left unchecked, vacant Taylorsville homes and apartments can be a drag on the real estate market, holding Taylorsville real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Some of the lowest real estate appreciation rates in America over the last ten years have been in Taylorsville, where house values have increased just 55.58%, which is annualized rate of 4.52%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Taylorsville appreciation rates have trailed the rest of the nation. In the last twelve months, Taylorsville'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 Taylorsville were at 0.14%, which equates to an annual appreciation rate of 0.56%.
Relative to Mississippi, our data show that Taylorsville's latest annual appreciation rate is lower than 50% of the other cities and towns in Mississippi.
$139,716
for Mississippi
for nation
650
$1,080 / per month