Bolivar County, Mississippi Housing Market

In Bolivar County, Mississippi, the median home value is $130,000, with a median monthly rent of $685. This places Bolivar County at #2494 nationally out of 3134 counties by median home value, and #31 within Mississippi.

Median Home Value $130,000
Median Rent $685/mo
Owner Occupancy 62.6%
Price/Rent Ratio 15.8

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Bolivar County rose +1.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

8,410
jobs (private sector)
  • Avg weekly wage: $866
  • Establishments: 778
  • BLS QCEW, 2025
🏗️

Housing Supply

20
new units authorized (2025)
  • Single-family: 20
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+298
net migration (filers, 2021-2022)
  • Inflow: 10,810 (avg $55,423)
  • Outflow: 10,512 (avg $55,729)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 2 active ZIP codes in Bolivar County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 38732 181.4 -4.90% 2025
2 38614 123.1 — 2024

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Bolivar County Compares

MetricBolivar CountyMississippi AverageU.S. Average
Median Home Value $130,000 $135,817 $227,706
Median Gross Rent $685 $804 $968
Owner Occupancy Rate 62.6% 72.4% 73.3%
Price/Rent Ratio 15.8 13.9 18.7

Market Analysis

The median home value in Bolivar County is 4.3% below the Mississippi state average and 42.9% below the U.S. national average. The median rent of $685/month is 14.8% below the state average.

With a price-to-rent ratio of 15.8, the buy-vs-rent decision in Bolivar County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Bolivar County has an owner-occupancy rate of 62.6%, compared to 72.4% in Mississippi and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Beaver County Oklahoma $130,100 $790
Perry County Arkansas $130,200 $805
Bath County Kentucky $129,800 $659
Lewis County Missouri $130,200 $644
De Witt County Illinois $130,300 $903

Other Counties in Mississippi

CountyMedian Home ValueMedian RentOwner Occ.
Clay County $129,100 $817 71.3%
Panola County $127,800 $874 71.1%
Grenada County $132,200 $807 66.6%
Montgomery County $126,800 $734 75.8%
Lauderdale County $133,300 $953 65.1%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-13. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).