Grenada County, Mississippi Housing Market
In Grenada County, Mississippi, the median home value is $132,200, with a median monthly rent of $807. This places Grenada County at #2465 nationally out of 3134 counties by median home value, and #30 within Mississippi.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $873
- Establishments: 566
- BLS QCEW, 2025
Housing Supply
- Single-family: 0
- Multi-family: 54
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 8,039 (avg $55,217)
- Outflow: 7,709 (avg $55,724)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Grenada County Compares
| Metric | Grenada County | Mississippi Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $132,200 | $135,817 | $227,706 |
| Median Gross Rent | $807 | $804 | $968 |
| Owner Occupancy Rate | 66.6% | 72.4% | 73.3% |
| Price/Rent Ratio | 13.7 | 13.9 | 18.7 |
Market Analysis
The median home value in Grenada County is 2.7% below the Mississippi state average and 41.9% below the U.S. national average. The median rent of $807/month is about equal to the state average.
With a price-to-rent ratio of 13.7, buying a home in Grenada 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.
Grenada County has an owner-occupancy rate of 66.6%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Pushmataha County | Oklahoma | $132,300 | $667 |
| Dixie County | Florida | $132,000 | $695 |
| Clark County | Illinois | $132,400 | $861 |
| Nance County | Nebraska | $132,000 | $807 |
| Reno County | Kansas | $132,500 | $863 |
Other Counties in Mississippi
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Lauderdale County | $133,300 | $953 | 65.1% |
| Bolivar County | $130,000 | $685 | 62.6% |
| Clay County | $129,100 | $817 | 71.3% |
| Panola County | $127,800 | $874 | 71.1% |
| Montgomery County | $126,800 | $734 | 75.8% |
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).