PHOTO FROM SOUTHAVEN.ORG
Southaven, Mississippi Housing Market Trends By Edwin Engelke
S
outhaven is a city in the DeSoto County of Mississippi and according to the 2010 census data, the city had a population of 48,982 people. This made the city the third largest city in the county and the second most populous suburb of Memphis. REAL ESTATE MARKET PROFILE To date, the city has grown population wise to about 54,648 people. There are about 19,735 houses or apartment. According to Zillow, the median home prices in South Haven is $249,833 and according to Zillow’s analysis, the prices have actualy appreciated in value by 25.3 percent year over year. While the figure according to the local is
quite expensive, it relatively fair especially given that is falls way below the national average of $375,300. The most preferred type of home in Southaven is the single-family detached home which are so common accounting for over 78 percent of the city’s housing units. That is not to say there aren’t other housing units in the city. A walk around the beautiful city of Southaven, you will find large apartment complexes or the high rise apartments that account for 12.31 percent. There are also duplexes in the city, homes converted to apartments or smaller apartment buildings which account for 4.02 percent of the housing units in the city. There are also a few mobile homes or trailers which account for 3.3 percent of the city’s MAY 2022 | 93
