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 845 people, 301 houses or apartments, and a median cost of homes of $144,328, the cost of homes in De Kalb is among some of the lowest in the nation. Compared to Mississippi, however, De Kalb real state is not on the lower end of the price spectrum.
Single-family detached homes are the single most common housing type in De Kalb, accounting for 68.50% of the town's housing units. Other types of housing that are prevalent in De Kalb include mobile homes or trailers ( 27.25%), large apartment complexes or high rise apartments ( 2.75%), and a few row houses and other attached homes ( 1.00%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in De Kalb. Owner-occupied housing accounts for 75.43% of De Kalb's homes, and 73.00% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in De Kalb 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 De Kalb built between 1940-1969 ( 30.50%). A lesser amount of the housing stock also hails from between 2000 and later ( 19.75%). There's also some housing in De Kalb built before 1939 ( 5.25%).
Vacant housing appears to be an issue in De Kalb. Fully 24.75% of the housing stock is classified as vacant. Left unchecked, vacant De Kalb homes and apartments can be a drag on the real estate market, holding De Kalb 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.
Real estate appreciation rates in De Kalb's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.84% during the period.
NeighborhoodScout's data show that during the latest twelve months, De Kalb's appreciation rate, at 6.20%, has been at or slightly above the national average. In the latest quarter, De Kalb's appreciation rate has been 2.38%, which annualizes to a rate of 9.88%.
Relative to Mississippi, our data show that De Kalb's latest annual appreciation rate is higher than 50% of the other cities and towns in Mississippi.
$144,328
for Mississippi
for nation
301
$667 / per month