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Natchez, MS Real Estate


According to census data in the year 2000 there were 8,559 housing units in Natchez. This represents a 1.2% decline from 8,660 in 1990.

Of those housing units, 8,373 were located in either urbanized areas or urban clusters, and 186 were located in what is classified as a rural area.

Homeownership rate in Natchez is about 59.7%. Natchez's vacancy rate, including seasonal lodging, is about 10.3%. Average household size is 2.35 people.

The majority of houses, apartments or condos in Natchez were built after 1962.

Statistics

Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom11%
Two Bedrooms31%
Three Bedrooms41.10%
Four Bedrooms12.80%
Five Bedrooms or more2.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.3
Median year structure was built1959
Median Value of occupied units$63,600
Median Price asked for vacant units$87,500

Rented Homes, Apartments and Condos

Average Household Size2.43
Median year structure was built1968
Median Monthly Rent asked for vacant units$286

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.80%
Second Mortgage4.70%
Home Equity Loan3%
Simple Mortgage43.10%
Debt Free48.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.1%