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 4,681, 1,666 total housing units (homes and apartments), and a median house value of $150,112, the cost of homes in Crystal Springs is among some of the lowest in the nation. Compared to Mississippi, however, Crystal Springs real state is not on the lower end of the price spectrum.
Single-family detached homes are the single most common housing type in Crystal Springs, accounting for 68.11% of the city's housing units. Other types of housing that are prevalent in Crystal Springs include mobile homes or trailers ( 16.40%), duplexes, homes converted to apartments or other small apartment buildings ( 9.20%), and a few large apartment complexes or high rise apartments ( 5.62%).
The most prevalent building size and type in Crystal Springs are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 61.10% owning and 38.90% renting.
There is a lot of housing in Crystal Springs 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 Crystal Springs built between 1940-1969 ( 29.23%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.85%). There's also some housing in Crystal Springs built before 1939 ( 3.32%).
Vacant housing appears to be an issue in Crystal Springs. Fully 14.87% of the housing stock is classified as vacant. Left unchecked, vacant Crystal Springs homes and apartments can be a drag on the real estate market, holding Crystal Springs 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.
Crystal Springs's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Crystal Springs during the period has been just 4.80%, which is lower than 80% of US communities.
Over the last year, Crystal Springs appreciation rates have trailed the rest of the nation. In the last twelve months, Crystal Springs's appreciation rate has been 1.96%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Crystal Springs were at -2.34%, which equates to an annual appreciation rate of -9.04%.
Notably, Crystal Springs's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Mississippi, our data show that Crystal Springs's latest annual appreciation rate is lower than 80% of the other cities and towns in Mississippi.
$150,112
for Mississippi
for nation
1,666
$1,037 / per month