Hinds County, Mississippi Housing Market
In Hinds County, Mississippi, the median home value is $159,900, with a median monthly rent of $1,061. This places Hinds County at #2019 nationally out of 3134 counties by median home value, and #20 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: $1,090
- Establishments: 5,432
- BLS QCEW, 2025
Housing Supply
- Single-family: 302
- Multi-family: 125
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 82,420 (avg $57,846)
- Outflow: 81,316 (avg $58,359)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Hinds County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 39204 | 145.4 | +20.16% | 2024 |
| 2 | 39154 | 178.2 | -5.47% | 2025 |
| 3 | 39212 | 162.2 | +17.44% | 2025 |
| 4 | 39071 | 245.6 | -1.78% | 2025 |
| 5 | 39272 | 180.2 | -1.80% | 2025 |
| 6 | 39202 | 164.8 | +10.65% | 2025 |
| 7 | 39056 | 196.1 | +4.75% | 2025 |
| 8 | 39211 | 155.3 | +0.68% | 2025 |
| 9 | 39216 | 168.8 | +4.11% | 2025 |
| 10 | 39206 | 178.8 | +1.21% | 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.
🔗 Explore Hinds County on Our Sister Sites
Get the complete picture for Hinds County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Hinds County Compares
| Metric | Hinds County | Mississippi Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $159,900 | $135,817 | $227,706 |
| Median Gross Rent | $1,061 | $804 | $968 |
| Owner Occupancy Rate | 58.3% | 72.4% | 73.3% |
| Price/Rent Ratio | 12.6 | 13.9 | 18.7 |
Market Analysis
The median home value in Hinds County is 17.7% above the Mississippi state average and 29.8% below the U.S. national average. The median rent of $1,061/month is 32.0% above the state average.
With a price-to-rent ratio of 12.6, buying a home in Hinds 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.
Hinds County has an owner-occupancy rate of 58.3%, 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 |
|---|---|---|---|
| Houghton County | Michigan | $159,900 | $840 |
| Claiborne County | Tennessee | $159,900 | $745 |
| Scott County | Kansas | $160,000 | $685 |
| Pendleton County | Kentucky | $159,800 | $793 |
| Murray County | Oklahoma | $159,800 | $881 |
Other Counties in Mississippi
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Stone County | $161,100 | $936 | 80.7% |
| Pontotoc County | $157,100 | $864 | 69.8% |
| Union County | $163,400 | $865 | 74.7% |
| Warren County | $156,400 | $888 | 69.9% |
| Lincoln County | $155,800 | $760 | 74.9% |
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).