Jones County, Mississippi Housing Market

In Jones County, Mississippi, the median home value is $143,100, with a median monthly rent of $869. This places Jones County at #2329 nationally out of 3134 counties by median home value, and #26 within Mississippi.

Median Home Value $143,100
Median Rent $869/mo
Owner Occupancy 75.1%
Price/Rent Ratio 13.7

📈 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 Jones County rose +3.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

22,004
jobs (private sector)
  • Avg weekly wage: $1,070
  • Establishments: 1,346
  • BLS QCEW, 2025
🏗️

Housing Supply

2
new units authorized (2025)
  • Single-family: 2
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+871
net migration (filers, 2021-2022)
  • Inflow: 22,850 (avg $56,636)
  • Outflow: 21,979 (avg $56,547)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 2 active ZIP codes in Jones County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 39440 257.0 +9.50% 2025
2 39437 201.3 +0.70% 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 Jones County Compares

MetricJones CountyMississippi AverageU.S. Average
Median Home Value $143,100 $135,817 $227,706
Median Gross Rent $869 $804 $968
Owner Occupancy Rate 75.1% 72.4% 73.3%
Price/Rent Ratio 13.7 13.9 18.7

Market Analysis

The median home value in Jones County is 5.4% above the Mississippi state average and 37.2% below the U.S. national average. The median rent of $869/month is 8.1% above the state average.

With a price-to-rent ratio of 13.7, buying a home in Jones 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.

Jones County has an owner-occupancy rate of 75.1%, 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
Audrain County Missouri $143,100 $693
Fayette County Pennsylvania $143,200 $793
Lauderdale County Tennessee $143,200 $774
Carson County Texas $143,000 $956
Scott County Virginia $143,000 $699

Other Counties in Mississippi

CountyMedian Home ValueMedian RentOwner Occ.
Itawamba County $142,400 $811 79.0%
Alcorn County $142,100 $751 67.8%
Tishomingo County $145,100 $682 79.5%
Lauderdale County $133,300 $953 65.1%
Yazoo County $153,800 $790 55.3%

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).