Philadelphia, MS Real Estate

According to census data in the year 2000 there were 3,329 housing units in Philadelphia. This represents a 15.8% growth from 2,875 in 1990.

Of those housing units, 2,879 were located in either urbanized areas or urban clusters, and 450 were located in what is classified as a rural area.

Homeownership rate in Philadelphia is about 66.6%. Philadelphia's vacancy rate, including seasonal lodging, is about 10.4%. Average household size is 2.4 people.

The majority of houses, apartments or condos in Philadelphia were built after 1972.


Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom11.70%
Two Bedrooms29.90%
Three Bedrooms47.10%
Four Bedrooms8.10%
Five Bedrooms or more1.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.54
Median year structure was built1971
Median Value of occupied units$56,200
Median Price asked for vacant units$61,900

Rented Homes, Apartments and Condos

Average Household Size2.13
Median year structure was built1973
Median Monthly Rent asked for vacant units$304

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.30%
Home Equity Loan3.30%
Simple Mortgage47.80%
Debt Free44.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.4%