Picayune, MS home prices
Typical home $210,154 · +1.1% in a year · income needed $57,900
The Picayune, MS metro area ranks 603 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +1.1% in a year and +20.9% over five years. With 20% down at 7.11%, the typical home costs about $1,350 a month including 0.65% property tax (Pearl River County rate).
Mortgage on the typical Picayune home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $42,031 | $168,123 | $1,131 | $0 | $219 | $1,350 | $57,900 |
| 10% down | $21,015 | $189,139 | $1,272 | $79 | $219 | $1,570 | $67,300 |
| 5% down | $10,508 | $199,646 | $1,343 | $83 | $219 | $1,646 | $70,500 |
| 3.5% down (FHA) | $7,355 | $206,348 | $1,388 | $93 | $219 | $1,700 | $72,900 |
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.
Counties in the Picayune area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Pearl River County, MS | $210,156 | +1.1% | 0.65% |
What can you afford in Mississippi on your salary? · Mississippi home prices · Salaries in Mississippi
Frequently asked questions
How much is a house in Picayune?
The typical home in the Picayune, MS metro area is worth $210,154 (Zillow, September 2026).
What salary do you need to buy a house in Picayune?
About $57,900 a year for the typical home with 20% down at 7.11%.