Lamar County, Mississippi home prices
Typical home $265,690 · +3.6% in a year · property tax 0.66%
The typical home in Lamar County is worth $265,690, 37% more than the Mississippi typical home ($194,531). Values changed +3.6% in the past year and +24.9% over five years. Homeowners here pay a median 0.66% of their home's value in property tax each year ($1,749 on the typical home), versus 0.65% statewide.
Mortgage on the typical Lamar County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $53,138 | $212,552 | $1,430 | $0 | $279 | $1,708 | $73,200 |
| 10% down | $26,569 | $239,121 | $1,609 | $100 | $279 | $1,987 | $85,100 |
| 5% down | $13,284 | $252,405 | $1,698 | $105 | $279 | $2,082 | $89,200 |
| 3.5% down (FHA) | $9,299 | $260,878 | $1,755 | $118 | $279 | $2,151 | $92,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.66% 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 Hattiesburg metro area.
Mississippi counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Rankin County | $271,112 | +3.4% | 0.6% |
| Oktibbeha County | $282,630 | +4.6% | 0.71% |
| Tate County | $248,358 | +4.9% | 0.65% |
| Hancock County | $236,201 | +0.8% | 0.71% |
| DeSoto County | $299,861 | +1.4% | 0.6% |
| Harrison County | $229,862 | +2.8% | 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% |
Frequently asked questions
What is the average home price in Lamar County, MS?
The typical home value in Lamar County is $265,690 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Lamar County?
About $73,200 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Lamar County?
The median effective rate is 0.66% of home value a year (Census ACS 2024 5-year estimates).