Greene County, Mississippi Housing Market

In Greene County, Mississippi, the median home value is $92,700, with a median monthly rent of $802. This places Greene County at #2999 nationally out of 3134 counties by median home value, and #70 within Mississippi.

Median Home Value $92,700
Median Rent $802/mo
Owner Occupancy 82.2%
Price/Rent Ratio 9.6

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2023

💡 Year-over-Year Trend: Home prices in Greene County rose +8.9% year-over-year as of 2023. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

1,061
jobs (private sector)
  • Avg weekly wage: $964
  • Establishments: 128
  • BLS QCEW, 2025
🚚

Migration Patterns

+278
net migration (filers, 2021-2022)
  • Inflow: 3,832 (avg $49,990)
  • Outflow: 3,554 (avg $52,136)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 39476 255.3 — 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 Greene County Compares

MetricGreene CountyMississippi AverageU.S. Average
Median Home Value $92,700 $135,817 $227,706
Median Gross Rent $802 $804 $968
Owner Occupancy Rate 82.2% 72.4% 73.3%
Price/Rent Ratio 9.6 13.9 18.7

Market Analysis

The median home value in Greene County is 31.7% below the Mississippi state average and 59.3% below the U.S. national average. The median rent of $802/month is about equal to the state average.

With a price-to-rent ratio of 9.6, buying a home in Greene 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.

Greene County has an owner-occupancy rate of 82.2%, 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
Jenkins County Georgia $92,900 $535
Coleman County Texas $92,500 $653
Pawnee County Kansas $93,000 $795
Boone County West Virginia $93,100 $837
Grant County North Dakota $93,200 $675

Other Counties in Mississippi

CountyMedian Home ValueMedian RentOwner Occ.
Wayne County $91,100 $784 85.3%
Noxubee County $90,800 $677 73.0%
Coahoma County $90,300 $749 52.1%
Calhoun County $90,300 $662 72.0%
Jefferson Davis County $90,100 $757 84.5%

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).