Wayne County, Mississippi home prices
Typical home $143,110 · +21.2% in a year · property tax 0.63%
The typical home in Wayne County is worth $143,110, 26% less than the Mississippi typical home ($194,531). Values changed +21.2% in the past year and +13.9% over five years. Homeowners here pay a median 0.63% of their home's value in property tax each year ($908 on the typical home), versus 0.65% statewide.
Mortgage on the typical Wayne County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $28,622 | $114,488 | $770 | $0 | $147 | $917 | $39,300 |
| 10% down | $14,311 | $128,799 | $866 | $54 | $147 | $1,067 | $45,700 |
| 5% down | $7,156 | $135,955 | $915 | $57 | $147 | $1,118 | $47,900 |
| 3.5% down (FHA) | $5,009 | $140,518 | $945 | $63 | $147 | $1,156 | $49,500 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.63% 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 |
|---|---|---|---|
| Warren County | $143,982 | +0.4% | 0.8% |
| Tippah County | $139,263 | +1.8% | 0.77% |
| Franklin County | $138,221 | +1.7% | 0.73% |
| Choctaw County | $148,364 | -2.4% | 0.48% |
| Chickasaw County | $137,649 | -2.1% | 0.73% |
| Prentiss County | $136,283 | +3.3% | 0.73% |
| Neshoba County | $136,271 | +0.2% | 0.89% |
| Jones County | $150,092 | -3.3% | 0.74% |
| Amite County | $135,451 | -9.4% | 0.38% |
| Kemper County | $135,394 | +11.2% | 0.57% |
Frequently asked questions
What is the average home price in Wayne County, MS?
The typical home value in Wayne County is $143,110 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Wayne County?
About $39,300 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Wayne County?
The median effective rate is 0.63% of home value a year (Census ACS 2024 5-year estimates).