Hancock County, Mississippi home prices
Typical home $236,201 · +0.8% in a year · property tax 0.71%
The typical home in Hancock County is worth $236,201, 21% more than the Mississippi typical home ($194,531). Values changed +0.8% in the past year and +11.8% over five years. Homeowners here pay a median 0.71% of their home's value in property tax each year ($1,668 on the typical home), versus 0.65% statewide.
Mortgage on the typical Hancock County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $47,240 | $188,961 | $1,271 | $0 | $257 | $1,528 | $65,500 |
| 10% down | $23,620 | $212,581 | $1,430 | $89 | $257 | $1,776 | $76,100 |
| 5% down | $11,810 | $224,391 | $1,509 | $93 | $257 | $1,860 | $79,700 |
| 3.5% down (FHA) | $8,267 | $231,923 | $1,560 | $104 | $257 | $1,922 | $82,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.71% 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 · part of the Gulfport metro area.
Mississippi counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Harrison County | $229,862 | +2.8% | 0.65% |
| Tate County | $248,358 | +4.9% | 0.65% |
| Marshall County | $216,006 | +0.4% | 0.72% |
| Jackson County | $214,695 | +0.4% | 0.71% |
| George County | $213,326 | +4.5% | 0.63% |
| Lee County | $212,212 | +6.1% | 0.69% |
| Pearl River County | $210,156 | +1.1% | 0.65% |
| Union County | $207,281 | +7.4% | 0.56% |
| Pontotoc County | $207,261 | +7.8% | 0.58% |
| Lamar County | $265,690 | +3.6% | 0.66% |
Frequently asked questions
What is the average home price in Hancock County, MS?
The typical home value in Hancock County is $236,201 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Hancock County?
About $65,500 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Hancock County?
The median effective rate is 0.71% of home value a year (Census ACS 2024 5-year estimates).