Clarke County, Mississippi Housing Market

In Clarke County, Mississippi, the median home value is $118,100, with a median monthly rent of $801. This places Clarke County at #2672 nationally out of 3134 counties by median home value, and #45 within Mississippi.

Median Home Value $118,100
Median Rent $801/mo
Owner Occupancy 82.3%
Price/Rent Ratio 12.3

📈 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 Clarke County fell -5.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

2,055
jobs (private sector)
  • Avg weekly wage: $893
  • Establishments: 218
  • BLS QCEW, 2025
🏗️

Housing Supply

2
new units authorized (2025)
  • Single-family: 2
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+218
net migration (filers, 2021-2022)
  • Inflow: 5,663 (avg $51,074)
  • Outflow: 5,445 (avg $51,169)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 39301 190.9 +8.13% 2025
2 39367 187.0 -0.36% 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 Clarke County Compares

MetricClarke CountyMississippi AverageU.S. Average
Median Home Value $118,100 $135,817 $227,706
Median Gross Rent $801 $804 $968
Owner Occupancy Rate 82.3% 72.4% 73.3%
Price/Rent Ratio 12.3 13.9 18.7

Market Analysis

The median home value in Clarke County is 13.0% below the Mississippi state average and 48.1% below the U.S. national average. The median rent of $801/month is about equal to the state average.

With a price-to-rent ratio of 12.3, buying a home in Clarke 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.

Clarke County has an owner-occupancy rate of 82.3%, 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
Dodge County Georgia $118,100 $723
Brown County Kansas $118,100 $646
Morgan County Kentucky $118,200 $663
Reeves County Texas $118,000 $981
Jeff Davis County Georgia $118,300 $650

Other Counties in Mississippi

CountyMedian Home ValueMedian RentOwner Occ.
Choctaw County $117,200 $638 79.4%
Leake County $116,800 $765 76.7%
Webster County $120,100 $632 76.1%
Monroe County $120,800 $768 76.3%
Copiah County $114,100 $766 74.4%

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).