Lamar County, Mississippi Housing Market
In Lamar County, Mississippi, the median home value is $224,700, with a median monthly rent of $1,126. This places Lamar County at #1130 nationally out of 3134 counties by median home value, and #6 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: $859
- Establishments: 1,558
- BLS QCEW, 2025
Housing Supply
- Single-family: 44
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 22,710 (avg $83,260)
- Outflow: 21,028 (avg $84,450)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Lamar County Compares
| Metric | Lamar County | Mississippi Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $224,700 | $135,817 | $227,706 |
| Median Gross Rent | $1,126 | $804 | $968 |
| Owner Occupancy Rate | 69.5% | 72.4% | 73.3% |
| Price/Rent Ratio | 16.6 | 13.9 | 18.7 |
Market Analysis
The median home value in Lamar County is 65.4% above the Mississippi state average and 1.3% below the U.S. national average. The median rent of $1,126/month is 40.0% above the state average.
With a price-to-rent ratio of 16.6, the buy-vs-rent decision in Lamar County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Lamar County has an owner-occupancy rate of 69.5%, 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 |
|---|---|---|---|
| Modoc County | California | $224,700 | $836 |
| St. Clair County | Michigan | $224,600 | $1,029 |
| Hall County | Nebraska | $224,600 | $943 |
| Anderson County | Kentucky | $225,100 | $927 |
| Berrien County | Michigan | $224,300 | $942 |
Other Counties in Mississippi
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Hancock County | $224,200 | $977 | 79.2% |
| Harrison County | $212,200 | $1,115 | 62.2% |
| Rankin County | $237,400 | $1,270 | 76.8% |
| Oktibbeha County | $237,700 | $915 | 48.0% |
| Tate County | $209,000 | $963 | 76.0% |
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).