Leflore County, Mississippi Housing Market
In Leflore County, Mississippi, the median home value is $101,200, with a median monthly rent of $689. This places Leflore County at #2904 nationally out of 3134 counties by median home value, and #63 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: $852
- Establishments: 730
- BLS QCEW, 2025
Housing Supply
- Single-family: 5
- Multi-family: 27
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 9,720 (avg $60,913)
- Outflow: 9,427 (avg $61,800)
- IRS Statistics of Income
How Leflore County Compares
| Metric | Leflore County | Mississippi Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $101,200 | $135,817 | $227,706 |
| Median Gross Rent | $689 | $804 | $968 |
| Owner Occupancy Rate | 52.4% | 72.4% | 73.3% |
| Price/Rent Ratio | 12.2 | 13.9 | 18.7 |
Market Analysis
The median home value in Leflore County is 25.5% below the Mississippi state average and 55.6% below the U.S. national average. The median rent of $689/month is 14.3% below the state average.
With a price-to-rent ratio of 12.2, buying a home in Leflore 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.
Leflore County has an owner-occupancy rate of 52.4%, 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 |
|---|---|---|---|
| Bacon County | Georgia | $101,400 | $743 |
| Pike County | Illinois | $101,400 | $676 |
| Knox County | Missouri | $101,400 | $666 |
| Norton County | Kansas | $101,500 | $609 |
| Alfalfa County | Oklahoma | $101,500 | $705 |
Other Counties in Mississippi
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Amite County | $100,800 | $670 | 82.4% |
| Franklin County | $101,900 | $725 | 81.7% |
| Sunflower County | $100,300 | $694 | 54.9% |
| Neshoba County | $100,000 | $839 | 78.1% |
| Lawrence County | $100,000 | $753 | 83.5% |
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 2026-10-13. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).