Lauderdale County, Mississippi home prices
Typical home $121,229 · +1.2% in a year · property tax 0.92%
The typical home in Lauderdale County is worth $121,229, 38% less than the Mississippi typical home ($194,531). Values changed +1.2% in the past year and +5.6% over five years. Homeowners here pay a median 0.92% of their home's value in property tax each year ($1,117 on the typical home), versus 0.65% statewide.
Mortgage on the typical Lauderdale County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $24,246 | $96,983 | $652 | $0 | $154 | $806 | $34,500 |
| 10% down | $12,123 | $109,106 | $734 | $45 | $154 | $933 | $40,000 |
| 5% down | $6,061 | $115,167 | $775 | $48 | $154 | $976 | $41,800 |
| 3.5% down (FHA) | $4,243 | $119,033 | $801 | $54 | $154 | $1,008 | $43,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.92% 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 Meridian metro area.
Mississippi counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Tallahatchie County | $123,976 | -2.7% | 0.61% |
| Scott County | $116,968 | +4.2% | 0.67% |
| Lawrence County | $116,405 | +3.8% | 0.67% |
| Wilkinson County | $116,375 | +3.4% | 0.99% |
| Copiah County | $126,892 | +1.1% | 0.72% |
| Attala County | $114,297 | -2.2% | 0.68% |
| Calhoun County | $128,776 | +0.3% | 0.66% |
| Grenada County | $129,552 | -4.7% | 1.02% |
| Hinds County | $130,045 | +1.8% | 0.88% |
| Bolivar County | $112,070 | -7.1% | 0.73% |
Frequently asked questions
What is the average home price in Lauderdale County, MS?
The typical home value in Lauderdale County is $121,229 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Lauderdale County?
About $34,500 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Lauderdale County?
The median effective rate is 0.92% of home value a year (Census ACS 2024 5-year estimates).