George County, Mississippi Housing Market

In George County, Mississippi, the median home value is $166,900, with a median monthly rent of $844. This places George County at #1864 nationally out of 3134 counties by median home value, and #16 within Mississippi.

Median Home Value $166,900
Median Rent $844/mo
Owner Occupancy 82.1%
Price/Rent Ratio 16.5

📈 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 George County fell -10.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

3,969
jobs (private sector)
  • Avg weekly wage: $854
  • Establishments: 390
  • BLS QCEW, 2025
🏗️

Housing Supply

12
new units authorized (2025)
  • Single-family: 12
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+496
net migration (filers, 2021-2022)
  • Inflow: 8,314 (avg $62,647)
  • Outflow: 7,818 (avg $63,342)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in George County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 39452 196.8 -12.47% 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 George County Compares

MetricGeorge CountyMississippi AverageU.S. Average
Median Home Value $166,900 $135,817 $227,706
Median Gross Rent $844 $804 $968
Owner Occupancy Rate 82.1% 72.4% 73.3%
Price/Rent Ratio 16.5 13.9 18.7

Market Analysis

The median home value in George County is 22.9% above the Mississippi state average and 26.7% below the U.S. national average. The median rent of $844/month is 5.0% above the state average.

With a price-to-rent ratio of 16.5, the buy-vs-rent decision in George County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

George County has an owner-occupancy rate of 82.1%, 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
Pulaski County Kentucky $166,900 $803
Somerset County Maine $166,900 $910
Jasper County Missouri $166,900 $973
Douglas County South Dakota $166,900 $877
Rush County Indiana $166,800 $873

Other Counties in Mississippi

CountyMedian Home ValueMedian RentOwner Occ.
Marshall County $167,900 $868 79.1%
Forrest County $168,000 $972 57.2%
Lowndes County $164,100 $930 61.3%
Union County $163,400 $865 74.7%
Stone County $161,100 $936 80.7%

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).