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 4,259, 1,539 total housing units (homes and apartments), and a median house value of $140,392, 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 75.36% of the city's housing units. Other types of housing that are prevalent in Wiggins include mobile homes or trailers ( 8.25%), duplexes, homes converted to apartments or other small apartment buildings ( 8.19%), and a few large apartment complexes or high rise apartments ( 7.42%).
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 52.94% owning and 47.06% 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 ( 37.32%). A lesser amount of the housing stock also hails from before 1939 ( 9.45%). There's also some housing in Wiggins built between 2000 and later ( 7.60%).
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 5.73%, which is lower than 70% of US communities.
Appreciation rates are so strong in Wiggins that despite a nationwide downturn in the housing market, Wiggins real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Wiggins appreciation rates continue to be some of the highest in America, at 14.77%, which is higher than appreciation rates in 99.55% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Wiggins. Wiggins appreciation rates in the latest quarter were at 0.44%, which equates to an annual appreciation rate of 1.78%.
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.
$140,392
for Mississippi
for nation
1,539
$1,217 / per month