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 4,350 people, 1,493 houses or apartments, and a median cost of homes of $174,847, the cost of homes in Wiggins is among some of the lowest in the nation. Compared to Mississippi, however, Wiggins real state is not on the lower end of the price spectrum.
Single-family detached homes are the single most common housing type in Wiggins, accounting for 74.46% of the city's housing units. Other types of housing that are prevalent in Wiggins include duplexes, homes converted to apartments or other small apartment buildings ( 10.66%), large apartment complexes or high rise apartments ( 9.58%), and a few mobile homes or trailers ( 5.30%).
The most prevalent building size and type in Wiggins are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 53.22% owning and 46.78% renting.
There is a lot of housing in Wiggins 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 Wiggins built between 1940-1969 ( 32.72%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.55%). There's also some housing in Wiggins built before 1939 ( 7.44%).
Wiggins's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Wiggins during the period has been just 5.89%, which is lower than 70% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Wiggins's appreciation rate, at 3.62%, has been at or slightly above the national average. In the latest quarter, Wiggins's appreciation rate has been 3.79%, which annualizes to a rate of 16.02%.
Importantly, this makes Wiggins 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 Wiggins's latest annual appreciation rate is higher than 90% of the other cities and towns in Mississippi.
$174,847
for Mississippi
for nation
1,493
$1,280 / per month