Leake County, Mississippi Housing Market
In Leake County, Mississippi, the median home value is $116,800, with a median monthly rent of $765. This places Leake County at #2696 nationally out of 3134 counties by median home value, and #47 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: $813
- Establishments: 314
- BLS QCEW, 2025
Migration Patterns
- Inflow: 7,194 (avg $46,812)
- Outflow: 7,044 (avg $47,234)
- IRS Statistics of Income
🔗 Explore Leake County on Our Sister Sites
Get the complete picture for Leake County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Leake County Compares
| Metric | Leake County | Mississippi Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $116,800 | $135,817 | $227,706 |
| Median Gross Rent | $765 | $804 | $968 |
| Owner Occupancy Rate | 76.7% | 72.4% | 73.3% |
| Price/Rent Ratio | 12.7 | 13.9 | 18.7 |
Market Analysis
The median home value in Leake County is 14.0% below the Mississippi state average and 48.7% below the U.S. national average. The median rent of $765/month is 4.9% below the state average.
With a price-to-rent ratio of 12.7, buying a home in Leake 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.
Leake County has an owner-occupancy rate of 76.7%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Blaine County | Nebraska | $116,900 | $873 |
| Talbot County | Georgia | $117,100 | $816 |
| Washington County | Kansas | $117,100 | $562 |
| Johnston County | Oklahoma | $116,500 | $762 |
| Hale County | Texas | $116,500 | $836 |
Other Counties in Mississippi
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Choctaw County | $117,200 | $638 | 79.4% |
| Clarke County | $118,100 | $801 | 82.3% |
| Copiah County | $114,100 | $766 | 74.4% |
| Webster County | $120,100 | $632 | 76.1% |
| Monroe County | $120,800 | $768 | 76.3% |
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).