Choctaw County, Mississippi home prices
Typical home $148,364 · -2.4% in a year · property tax 0.48%
The typical home in Choctaw County is worth $148,364, 24% less than the Mississippi typical home ($194,531). Values changed -2.4% in the past year and -7.7% over five years. Homeowners here pay a median 0.48% of their home's value in property tax each year ($713 on the typical home), versus 0.65% statewide.
Mortgage on the typical Choctaw County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $29,673 | $118,691 | $798 | $0 | $134 | $932 | $39,900 |
| 10% down | $14,836 | $133,527 | $898 | $56 | $134 | $1,087 | $46,600 |
| 5% down | $7,418 | $140,945 | $948 | $59 | $134 | $1,140 | $48,900 |
| 3.5% down (FHA) | $5,193 | $145,676 | $980 | $66 | $134 | $1,179 | $50,500 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.48% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Mississippi.
Mississippi counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Jones County | $150,092 | -3.3% | 0.74% |
| Walthall County | $151,835 | +0.1% | 0.72% |
| Warren County | $143,982 | +0.4% | 0.8% |
| Winston County | $153,231 | +7.7% | 0.65% |
| Benton County | $153,391 | +7.2% | 0.69% |
| Wayne County | $143,110 | +21.2% | 0.63% |
| Tippah County | $139,263 | +1.8% | 0.77% |
| Greene County | $157,923 | +14.8% | 0.85% |
| Franklin County | $138,221 | +1.7% | 0.73% |
| Yalobusha County | $159,015 | +2.9% | 0.66% |
Frequently asked questions
What is the average home price in Choctaw County, MS?
The typical home value in Choctaw County is $148,364 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Choctaw County?
About $39,900 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Choctaw County?
The median effective rate is 0.48% of home value a year (Census ACS 2024 5-year estimates).