Tallahatchie County, Mississippi home prices
Typical home $123,976 · -2.7% in a year · property tax 0.61%
The typical home in Tallahatchie County is worth $123,976, 36% less than the Mississippi typical home ($194,531). Values changed -2.7% in the past year and -32.5% over five years. Homeowners here pay a median 0.61% of their home's value in property tax each year ($758 on the typical home), versus 0.65% statewide.
Mortgage on the typical Tallahatchie County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $24,795 | $99,181 | $667 | $0 | $125 | $792 | $34,000 |
| 10% down | $12,398 | $111,579 | $751 | $46 | $125 | $922 | $39,500 |
| 5% down | $6,199 | $117,778 | $792 | $49 | $125 | $967 | $41,400 |
| 3.5% down (FHA) | $4,339 | $121,731 | $819 | $55 | $125 | $999 | $42,800 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.61% 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 |
|---|---|---|---|
| Lauderdale County | $121,229 | +1.2% | 0.92% |
| Copiah County | $126,892 | +1.1% | 0.72% |
| Calhoun County | $128,776 | +0.3% | 0.66% |
| Grenada County | $129,552 | -4.7% | 1.02% |
| Hinds County | $130,045 | +1.8% | 0.88% |
| Scott County | $116,968 | +4.2% | 0.67% |
| Lawrence County | $116,405 | +3.8% | 0.67% |
| Wilkinson County | $116,375 | +3.4% | 0.99% |
| Montgomery County | $131,637 | +2.1% | 1% |
| Jasper County | $132,659 | -2.1% | 0.69% |
Frequently asked questions
What is the average home price in Tallahatchie County, MS?
The typical home value in Tallahatchie County is $123,976 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Tallahatchie County?
About $34,000 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Tallahatchie County?
The median effective rate is 0.61% of home value a year (Census ACS 2024 5-year estimates).