Mississippi home prices and mortgage costs
Typical home value $194,531 · +2.2% in a year · property tax 0.65%
Mississippi ranks 50th most expensive of 51 states and D.C. Home values changed +2.2% over the past year and +11.3% over five years. Buying the typical home with 20% down costs about $1,249 a month at 7.11%, which needs a household income of about $53,500.
Cost of the typical Mississippi home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $38,906 | $155,625 | $1,047 | $0 | $202 | $1,249 | $53,500 |
| 10% down | $19,453 | $175,078 | $1,178 | $73 | $202 | $1,453 | $62,300 |
| 5% down | $9,727 | $184,804 | $1,243 | $77 | $202 | $1,522 | $65,200 |
| 3.5% down (FHA) | $6,809 | $191,007 | $1,285 | $86 | $202 | $1,573 | $67,400 |
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.
Check a specific budget: how much house you can afford in Mississippi by salary · payment on a $200K home in Mississippi
Home prices by county in Mississippi
| County | Typical home | 1-yr change | Tax rate | Payment / month | Income needed |
|---|---|---|---|---|---|
| Lafayette County | $403,564 | +2.7% | 0.55% | $2,557 | $109,600 |
| Madison County | $336,172 | +1.1% | 0.68% | $2,167 | $92,900 |
| DeSoto County | $299,861 | +1.4% | 0.6% | $1,913 | $82,000 |
| Oktibbeha County | $282,630 | +4.6% | 0.71% | $1,830 | $78,400 |
| Rankin County | $271,112 | +3.4% | 0.6% | $1,730 | $74,200 |
| Lamar County | $265,690 | +3.6% | 0.66% | $1,708 | $73,200 |
| Tate County | $248,358 | +4.9% | 0.65% | $1,595 | $68,400 |
| Hancock County | $236,201 | +0.8% | 0.71% | $1,528 | $65,500 |
| Harrison County | $229,862 | +2.8% | 0.65% | $1,476 | $63,200 |
| Marshall County | $216,006 | +0.4% | 0.72% | $1,401 | $60,000 |
| Jackson County | $214,695 | +0.4% | 0.71% | $1,389 | $59,500 |
| George County | $213,326 | +4.5% | 0.63% | $1,366 | $58,500 |
| Lee County | $212,212 | +6.1% | 0.69% | $1,371 | $58,800 |
| Pearl River County | $210,156 | +1.1% | 0.65% | $1,350 | $57,900 |
| Union County | $207,281 | +7.4% | 0.56% | $1,316 | $56,400 |
| Pontotoc County | $207,261 | +7.8% | 0.58% | $1,319 | $56,500 |
| Stone County | $204,922 | +7.8% | 0.7% | $1,325 | $56,800 |
| Lowndes County | $187,535 | +3.4% | 0.6% | $1,197 | $51,300 |
| Tishomingo County | $186,187 | -4.1% | 0.49% | $1,170 | $50,200 |
| Panola County | $185,775 | +1.9% | 0.65% | $1,193 | $51,100 |
| Forrest County | $181,503 | +0.7% | 0.81% | $1,190 | $51,000 |
| Alcorn County | $179,058 | +7.0% | 0.58% | $1,140 | $48,900 |
| Covington County | $176,068 | +13.5% | 0.59% | $1,122 | $48,100 |
| Carroll County | $175,987 | -6.7% | 0.53% | $1,112 | $47,700 |
| Webster County | $171,919 | +1.2% | 0.68% | $1,109 | $47,500 |
| Lincoln County | $167,175 | +1.5% | 0.7% | $1,081 | $46,300 |
| Monroe County | $164,938 | +0.9% | 0.7% | $1,066 | $45,700 |
| Leake County | $163,401 | +7.0% | 0.67% | $1,052 | $45,100 |
| Smith County | $162,160 | -3.1% | 0.42% | $1,010 | $43,300 |
| Clay County | $162,116 | +5.2% | 0.63% | $1,038 | $44,500 |
| Perry County | $161,668 | +15.4% | 0.62% | $1,034 | $44,300 |
| Tunica County | $161,344 | +5.3% | 0.53% | $1,021 | $43,700 |
| Itawamba County | $159,400 | +12.7% | 0.59% | $1,015 | $43,500 |
| Simpson County | $159,366 | -0.4% | 0.61% | $1,019 | $43,700 |
| Yalobusha County | $159,015 | +2.9% | 0.66% | $1,023 | $43,800 |
| Greene County | $157,923 | +14.8% | 0.85% | $1,041 | $44,600 |
| Benton County | $153,391 | +7.2% | 0.69% | $990 | $42,400 |
| Winston County | $153,231 | +7.7% | 0.65% | $984 | $42,200 |
| Walthall County | $151,835 | +0.1% | 0.72% | $984 | $42,200 |
| Jones County | $150,092 | -3.3% | 0.74% | $975 | $41,800 |
| Choctaw County | $148,364 | -2.4% | 0.48% | $932 | $39,900 |
| Warren County | $143,982 | +0.4% | 0.8% | $942 | $40,400 |
| Wayne County | $143,110 | +21.2% | 0.63% | $917 | $39,300 |
| Tippah County | $139,263 | +1.8% | 0.77% | $908 | $38,900 |
| Franklin County | $138,221 | +1.7% | 0.73% | $896 | $38,400 |
| Chickasaw County | $137,649 | -2.1% | 0.73% | $893 | $38,300 |
| Prentiss County | $136,283 | +3.3% | 0.73% | $884 | $37,900 |
| Neshoba County | $136,271 | +0.2% | 0.89% | $903 | $38,700 |
| Amite County | $135,451 | -9.4% | 0.38% | $840 | $36,000 |
| Kemper County | $135,394 | +11.2% | 0.57% | $860 | $36,900 |
| Marion County | $133,969 | +4.0% | 0.75% | $872 | $37,400 |
| Newton County | $132,704 | -2.1% | 0.73% | $861 | $36,900 |
| Jasper County | $132,659 | -2.1% | 0.69% | $856 | $36,700 |
| Montgomery County | $131,637 | +2.1% | 1% | $884 | $37,900 |
| Hinds County | $130,045 | +1.8% | 0.88% | $860 | $36,900 |
| Grenada County | $129,552 | -4.7% | 1.02% | $873 | $37,400 |
| Calhoun County | $128,776 | +0.3% | 0.66% | $829 | $35,500 |
| Copiah County | $126,892 | +1.1% | 0.72% | $822 | $35,200 |
| Tallahatchie County | $123,976 | -2.7% | 0.61% | $792 | $34,000 |
| Lauderdale County | $121,229 | +1.2% | 0.92% | $806 | $34,500 |
| Scott County | $116,968 | +4.2% | 0.67% | $753 | $32,300 |
| Lawrence County | $116,405 | +3.8% | 0.67% | $750 | $32,100 |
| Wilkinson County | $116,375 | +3.4% | 0.99% | $781 | $33,500 |
| Attala County | $114,297 | -2.2% | 0.68% | $737 | $31,600 |
| Bolivar County | $112,070 | -7.1% | 0.73% | $727 | $31,200 |
| Adams County | $109,360 | -7.6% | 0.9% | $725 | $31,100 |
| Sharkey County | $107,601 | -7.0% | 0.88% | $712 | $30,500 |
| Pike County | $107,132 | +9.4% | 0.88% | $709 | $30,400 |
| Yazoo County | $105,424 | +6.0% | 0.78% | $688 | $29,500 |
| Noxubee County | $104,348 | -3.0% | 0.96% | $697 | $29,900 |
| Clarke County | $101,322 | -6.5% | 0.56% | $644 | $27,600 |
| Jefferson Davis County | $95,073 | +5.3% | 0.89% | $630 | $27,000 |
| Jefferson County | $94,258 | -13.5% | 0.86% | $622 | $26,600 |
| Sunflower County | $93,013 | -8.4% | 0.93% | $619 | $26,500 |
| Claiborne County | $91,234 | -6.4% | 0.49% | $574 | $24,600 |
| Holmes County | $90,098 | -4.7% | 0.86% | $594 | $25,500 |
| Leflore County | $74,957 | -5.2% | 1.02% | $505 | $21,600 |
| Humphreys County | $73,470 | -15.3% | 0.98% | $492 | $21,100 |
| Coahoma County | $59,820 | +3.5% | 1.12% | $408 | $17,500 |
| Washington County | $53,685 | -2.4% | 0.86% | $354 | $15,200 |
Metro areas in Mississippi
Frequently asked questions
What is the average home price in Mississippi?
The typical home in Mississippi is worth $194,531 according to the Zillow Home Value Index for September 2026.
How much income do you need to buy a house in Mississippi?
About $53,500 a year to buy the typical $194,531 home with 20% down at 7.11%, keeping housing under 28% of income.
What is the property tax rate in Mississippi?
The typical effective rate is 0.65% of the home's value a year (median taxes paid divided by median home value, Census ACS 2025).