Marshall County, Mississippi Housing Market

In Marshall County, Mississippi, the median home value is $167,900, with a median monthly rent of $868. This places Marshall County at #1851 nationally out of 3134 counties by median home value, and #15 within Mississippi.

Median Home Value $167,900
Median Rent $868/mo
Owner Occupancy 79.1%
Price/Rent Ratio 16.1

📈 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 Marshall County rose +3.2% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

10,401
jobs (private sector)
  • Avg weekly wage: $974
  • Establishments: 528
  • BLS QCEW, 2025
🏗️

Housing Supply

372
new units authorized (2025)
  • Single-family: 341
  • Multi-family: 31
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+680
net migration (filers, 2021-2022)
  • Inflow: 13,446 (avg $50,759)
  • Outflow: 12,766 (avg $50,589)
  • IRS Statistics of Income

How Marshall County Compares

MetricMarshall CountyMississippi AverageU.S. Average
Median Home Value $167,900 $135,817 $227,706
Median Gross Rent $868 $804 $968
Owner Occupancy Rate 79.1% 72.4% 73.3%
Price/Rent Ratio 16.1 13.9 18.7

Market Analysis

The median home value in Marshall County is 23.6% above the Mississippi state average and 26.3% below the U.S. national average. The median rent of $868/month is 8.0% above the state average.

With a price-to-rent ratio of 16.1, the buy-vs-rent decision in Marshall County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Marshall County has an owner-occupancy rate of 79.1%, 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
Forrest County Mississippi $168,000 $972
Keith County Nebraska $168,000 $771
Upshur County Texas $167,800 $995
Freestone County Texas $168,000 $853
Bethel Census Area Alaska $168,100 $1,474

Other Counties in Mississippi

CountyMedian Home ValueMedian RentOwner Occ.
Forrest County $168,000 $972 57.2%
George County $166,900 $844 82.1%
Lowndes County $164,100 $930 61.3%
Union County $163,400 $865 74.7%
Stone County $161,100 $936 80.7%

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).