Carroll County, Mississippi Housing Market

In Carroll County, Mississippi, the median home value is $109,600, with a median monthly rent of $662. This places Carroll County at #2802 nationally out of 3134 counties by median home value, and #53 within Mississippi.

Median Home Value $109,600
Median Rent $662/mo
Owner Occupancy 83.7%
Price/Rent Ratio 13.8

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

💼

Employment & Wages

678
jobs (private sector)
  • Avg weekly wage: $840
  • Establishments: 106
  • BLS QCEW, 2025
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Migration Patterns

+159
net migration (filers, 2021-2022)
  • Inflow: 3,578 (avg $59,713)
  • Outflow: 3,419 (avg $59,779)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 38930 153.9 +3.56% 2025
2 38901 181.5 +3.40% 2025

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 Carroll County Compares

MetricCarroll CountyMississippi AverageU.S. Average
Median Home Value $109,600 $135,817 $227,706
Median Gross Rent $662 $804 $968
Owner Occupancy Rate 83.7% 72.4% 73.3%
Price/Rent Ratio 13.8 13.9 18.7

Market Analysis

The median home value in Carroll County is 19.3% below the Mississippi state average and 51.9% below the U.S. national average. The median rent of $662/month is 17.7% below the state average.

With a price-to-rent ratio of 13.8, buying a home in Carroll County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.

Carroll County has an owner-occupancy rate of 83.7%, compared to 72.4% in Mississippi and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Ware County Georgia $109,500 $789
Schuyler County Illinois $109,700 $853
Chase County Kansas $109,700 $825
Harrison County Missouri $109,500 $703
Martin County North Carolina $109,700 $758

Other Counties in Mississippi

CountyMedian Home ValueMedian RentOwner Occ.
Chickasaw County $109,800 $670 70.3%
Adams County $108,700 $734 68.1%
Issaquena County $110,800 $339 66.0%
Pike County $110,800 $919 66.8%
Jasper County $107,100 $724 82.1%

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 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).