Marshall County, Mississippi home prices
Typical home $216,006 · +0.4% in a year · property tax 0.72%
The typical home in Marshall County is worth $216,006, 11% more than the Mississippi typical home ($194,531). Values changed +0.4% in the past year and +9.1% over five years. Homeowners here pay a median 0.72% of their home's value in property tax each year ($1,561 on the typical home), versus 0.65% statewide.
Mortgage on the typical Marshall County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $43,201 | $172,805 | $1,162 | $0 | $238 | $1,401 | $60,000 |
| 10% down | $21,601 | $194,406 | $1,308 | $81 | $238 | $1,627 | $69,700 |
| 5% down | $10,800 | $205,206 | $1,380 | $86 | $238 | $1,704 | $73,000 |
| 3.5% down (FHA) | $7,560 | $212,094 | $1,427 | $96 | $238 | $1,760 | $75,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.72% 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 Memphis metro area.
Mississippi counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| 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% |
| Stone County | $204,922 | +7.8% | 0.7% |
| Harrison County | $229,862 | +2.8% | 0.65% |
| Hancock County | $236,201 | +0.8% | 0.71% |
| Lowndes County | $187,535 | +3.4% | 0.6% |
Frequently asked questions
What is the average home price in Marshall County, MS?
The typical home value in Marshall County is $216,006 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Marshall County?
About $60,000 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Marshall County?
The median effective rate is 0.72% of home value a year (Census ACS 2024 5-year estimates).