| State of Mississippi bank owned
homes and real estate. With a capital city of Jackson, other population
centers include Jackson, Gulfport, Biloxi, Hattiesburg, Greenville, Meridian
and Tupelo. Mississippi joined Kentucky, Texas, Arkansas, Illinois and
Alaska as the only states where home sale numbers showed an increase during
the final quarter of 2006. This is not to say there's aren't areas where
foreclosure activity continues, and that bank owned homes cannot be found
in Mississippi. There continue to be bank auctions and mortgage foreclosures.
Mississippi has a population of about
2,900,000. There were approximately 1,236,000 individual housing units
in Mississippi according to a 2005 US Census report. The home ownership
rate was over 72%, compared to a national average of only 66%. The median
value of owner-occupied housing units was $71,400, below the national average
of about $119,600. The median household income was around $33,000 per year.
The land area of Mississippi is nearly
47,000 square miles. Nicknamed "The Magnolia State", there continues to
be an influz of bank forclosure activity in Mississippi. Please use the
tools on BankO wned MLS real estate to help you in your search for
bank owned real estate and auction information in the state of Mississippi.
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