PEARL HOUSING MARKET INFORMATION With 28,117 people, 11,501 houses or apartments, and a median cost of homes of $218,731, house prices in Pearl are solidly below the national average. Single-family detached homes are the single most common housing type in Pearl, accounting for 68.10% of the city's housing units. Other types of housing that are prevalent in Pearl include large apartment complexes or high rise apartments ( 15.70%), mobile homes or trailers ( 10.35%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.50%). The most prevalent building size and type in Pearl are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.04% owning and 40.96% renting. There is a lot of housing in Pearl 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 Pearl built between 1940-1969 ( 29.80%). A lesser amount of the housing stock also hails from between 2000 and later ( 20.49%). PEARL HOME APPRECIATION RATES Pearl's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Pearl during the period has been just 5.50%, which is lower than 80% of US communities. 蘑菇视频's data show that during the latest twelve months, Pearl's appreciation rate, at 8.67%, has been at or slightly above the national average. In the latest quarter, Pearl's appreciation rate has been 4.90%, which annualizes to a rate of 21.11%. Importantly, 蘑菇视频鈥檚 exclusive research found that Pearl's housing market shows one of the <a href="/blog/highest-appreciating-cities">top real estate appreciation rates in the U.S.A.</a> in the latest quarter, which may signal the city鈥檚 near-future real estate investment strength. Relative to Mississippi, our data show that Pearl's latest annual appreciation rate is higher than 90% of the other cities and towns in Mississippi. One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Pearl differ in their investment potential, sometimes by a great deal. Fortunately, you can use 蘑菇视频 to pinpoint the exact neighborhoods in Pearl - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Pearl real estate investment or home purchase decisions.