Tate County, Mississippi home prices
Typical home $248,358 · +4.9% in a year · property tax 0.65%
The typical home in Tate County is worth $248,358, 28% more than the Mississippi typical home ($194,531). Values changed +4.9% in the past year and +23.8% over five years. Homeowners here pay a median 0.65% of their home's value in property tax each year ($1,609 on the typical home), versus 0.65% statewide.
Mortgage on the typical Tate County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $49,672 | $198,687 | $1,337 | $0 | $258 | $1,595 | $68,400 |
| 10% down | $24,836 | $223,522 | $1,504 | $93 | $258 | $1,855 | $79,500 |
| 5% down | $12,418 | $235,940 | $1,587 | $98 | $258 | $1,944 | $83,300 |
| 3.5% down (FHA) | $8,693 | $243,860 | $1,640 | $110 | $258 | $2,009 | $86,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.65% 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 |
|---|---|---|---|
| Hancock County | $236,201 | +0.8% | 0.71% |
| Lamar County | $265,690 | +3.6% | 0.66% |
| Harrison County | $229,862 | +2.8% | 0.65% |
| Rankin County | $271,112 | +3.4% | 0.6% |
| Marshall County | $216,006 | +0.4% | 0.72% |
| Jackson County | $214,695 | +0.4% | 0.71% |
| Oktibbeha County | $282,630 | +4.6% | 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% |
Frequently asked questions
What is the average home price in Tate County, MS?
The typical home value in Tate County is $248,358 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Tate County?
About $68,400 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Tate County?
The median effective rate is 0.65% of home value a year (Census ACS 2024 5-year estimates).