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 1,118, 657 total housing units (homes and apartments), and a median house value of $162,859, 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 69.56% of the town's housing units. Other types of housing that are prevalent in Taylorsville include large apartment complexes or high rise apartments ( 14.74%), duplexes, homes converted to apartments or other small apartment buildings ( 8.26%), and a few mobile homes or trailers ( 6.34%).
The most prevalent building size and type in Taylorsville are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 59.95% owning and 40.05% renting.
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 ( 29.06%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.19%). There's also some housing in Taylorsville built before 1939 ( 3.31%).
Taylorsville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Taylorsville during the period has been just 5.38%, which is lower than 70% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Taylorsville's appreciation rate, at 6.13%, has been at or slightly above the national average. In the latest quarter, Taylorsville's appreciation rate has been 2.38%, which annualizes to a rate of 9.88%.
Relative to Mississippi, our data show that Taylorsville's latest annual appreciation rate is higher than 50% of the other cities and towns in Mississippi.
$162,859
for Mississippi
for nation
657
$1,147 / per month