Holmes County, Mississippi Housing Market

In Holmes County, Mississippi, the median home value is $80,400, with a median monthly rent of $590. This places Holmes County at #3085 nationally out of 3134 counties by median home value, and #81 within Mississippi.

Median Home Value $80,400
Median Rent $590/mo
Owner Occupancy 61.0%
Price/Rent Ratio 11.4

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

💼

Employment & Wages

1,799
jobs (private sector)
  • Avg weekly wage: $886
  • Establishments: 246
  • BLS QCEW, 2025
🏗️

Housing Supply

20
new units authorized (2025)
  • Single-family: 14
  • Multi-family: 6
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+221
net migration (filers, 2021-2022)
  • Inflow: 6,010 (avg $33,983)
  • Outflow: 5,789 (avg $34,078)
  • IRS Statistics of Income

How Holmes County Compares

MetricHolmes CountyMississippi AverageU.S. Average
Median Home Value $80,400 $135,817 $227,706
Median Gross Rent $590 $804 $968
Owner Occupancy Rate 61.0% 72.4% 73.3%
Price/Rent Ratio 11.4 13.9 18.7

Market Analysis

The median home value in Holmes County is 40.8% below the Mississippi state average and 64.7% below the U.S. national average. The median rent of $590/month is 26.6% below the state average.

With a price-to-rent ratio of 11.4, buying a home in Holmes 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.

Holmes County has an owner-occupancy rate of 61.0%, 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
Owsley County Kentucky $80,100 $448
Crosby County Texas $80,900 $684
Lafayette County Arkansas $81,000 $755
Calhoun County Georgia $81,000 $546
Tillman County Oklahoma $79,800 $733

Other Counties in Mississippi

CountyMedian Home ValueMedian RentOwner Occ.
Jefferson County $81,300 $448 82.9%
Tallahatchie County $82,300 $732 64.5%
Claiborne County $82,700 $660 76.5%
Humphreys County $87,800 $641 61.7%
Wilkinson County $90,000 $686 78.4%

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).