Lauderdale County, Mississippi Housing Market

In Lauderdale County, Mississippi, the median home value is $133,300, with a median monthly rent of $953. This places Lauderdale County at #2457 nationally out of 3134 counties by median home value, and #29 within Mississippi.

Median Home Value $133,300
Median Rent $953/mo
Owner Occupancy 65.1%
Price/Rent Ratio 11.7

📈 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 Lauderdale County rose +7.6% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

25,446
jobs (private sector)
  • Avg weekly wage: $972
  • Establishments: 1,818
  • BLS QCEW, 2025
🏗️

Housing Supply

36
new units authorized (2025)
  • Single-family: 31
  • Multi-family: 5
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1361
net migration (filers, 2021-2022)
  • Inflow: 26,370 (avg $66,216)
  • Outflow: 25,009 (avg $67,076)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 39307 174.6 — 2025
2 39305 156.9 +3.54% 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 Lauderdale County Compares

MetricLauderdale CountyMississippi AverageU.S. Average
Median Home Value $133,300 $135,817 $227,706
Median Gross Rent $953 $804 $968
Owner Occupancy Rate 65.1% 72.4% 73.3%
Price/Rent Ratio 11.7 13.9 18.7

Market Analysis

The median home value in Lauderdale County is 1.9% below the Mississippi state average and 41.5% below the U.S. national average. The median rent of $953/month is 18.5% above the state average.

With a price-to-rent ratio of 11.7, buying a home in Lauderdale 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.

Lauderdale County has an owner-occupancy rate of 65.1%, 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
Dewey County Oklahoma $133,600 $912
Elk County Pennsylvania $133,600 $719
Obion County Tennessee $133,600 $770
Tripp County South Dakota $132,900 $820
Cass County Indiana $133,800 $783

Other Counties in Mississippi

CountyMedian Home ValueMedian RentOwner Occ.
Grenada County $132,200 $807 66.6%
Bolivar County $130,000 $685 62.6%
Clay County $129,100 $817 71.3%
Panola County $127,800 $874 71.1%
Montgomery County $126,800 $734 75.8%

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).