Harrison County, Mississippi Housing Market

In Harrison County, Mississippi, the median home value is $212,200, with a median monthly rent of $1,115. This places Harrison County at #1274 nationally out of 3134 counties by median home value, and #8 within Mississippi.

Median Home Value $212,200
Median Rent $1,115/mo
Owner Occupancy 62.2%
Price/Rent Ratio 15.9

📈 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 Harrison County rose +1.4% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

69,279
jobs (private sector)
  • Avg weekly wage: $887
  • Establishments: 5,033
  • BLS QCEW, 2025
🏗️

Housing Supply

2,294
new units authorized (2025)
  • Single-family: 1,909
  • Multi-family: 385
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+5893
net migration (filers, 2021-2022)
  • Inflow: 78,827 (avg $63,295)
  • Outflow: 72,934 (avg $63,476)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Harrison County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 39501 248.1 +6.26% 2025
2 39530 226.7 -3.61% 2025
3 39574 214.0 +3.22% 2025
4 39560 223.7 -6.32% 2025
5 39540 214.8 +6.22% 2025
6 39531 180.6 +0.59% 2025
7 39507 202.3 +2.96% 2025
8 39565 212.4 +1.96% 2025
9 39532 203.4 -0.45% 2025
10 39503 192.3 +4.14% 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 Harrison County Compares

MetricHarrison CountyMississippi AverageU.S. Average
Median Home Value $212,200 $135,817 $227,706
Median Gross Rent $1,115 $804 $968
Owner Occupancy Rate 62.2% 72.4% 73.3%
Price/Rent Ratio 15.9 13.9 18.7

Market Analysis

The median home value in Harrison County is 56.2% above the Mississippi state average and 6.8% below the U.S. national average. The median rent of $1,115/month is 38.7% above the state average.

With a price-to-rent ratio of 15.9, the buy-vs-rent decision in Harrison County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Harrison County has an owner-occupancy rate of 62.2%, 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

CountyStateMedian Home ValueMedian Rent
Golden Valley County Montana $212,200 $783
Morgan County Alabama $212,000 $864
Graham County Arizona $212,000 $935
Shelby County Indiana $212,400 $987
Boone County Iowa $212,400 $845

Other Counties in Mississippi

CountyMedian Home ValueMedian RentOwner Occ.
Tate County $209,000 $963 76.0%
Hancock County $224,200 $977 79.2%
Lamar County $224,700 $1,126 69.5%
Lee County $199,500 $957 70.8%
Jackson County $193,100 $1,101 72.7%

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).