Mississippi County, Arkansas Housing Market
In Mississippi County, Arkansas, the median home value is $122,500, with a median monthly rent of $830. This places Mississippi County at #2588 nationally out of 3134 counties by median home value, and #44 within Arkansas.
📈 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: $1,560
- Establishments: 967
- BLS QCEW, 2025
Housing Supply
- Single-family: 59
- Multi-family: 10
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 13,203 (avg $56,667)
- Outflow: 12,826 (avg $57,165)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 3 active ZIP codes in Mississippi County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 72442 | 246.5 | +19.12% | 2025 |
| 2 | 72315 | 179.8 | -4.10% | 2025 |
| 3 | 72370 | 140.9 | -0.37% | 2023 |
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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Mississippi County Compares
| Metric | Mississippi County | Arkansas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $122,500 | $141,465 | $227,706 |
| Median Gross Rent | $830 | $774 | $968 |
| Owner Occupancy Rate | 60.0% | 71.1% | 73.3% |
| Price/Rent Ratio | 12.3 | 15.1 | 18.7 |
Market Analysis
The median home value in Mississippi County is 13.4% below the Arkansas state average and 46.2% below the U.S. national average. The median rent of $830/month is 7.2% above the state average.
With a price-to-rent ratio of 12.3, buying a home in Mississippi 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.
Mississippi County has an owner-occupancy rate of 60.0%, compared to 71.1% in Arkansas 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 |
|---|---|---|---|
| Hardin County | Iowa | $122,500 | $795 |
| Prentiss County | Mississippi | $122,500 | $637 |
| Osceola County | Iowa | $122,600 | $797 |
| Avoyelles Parish | Louisiana | $122,400 | $757 |
| Mora County | New Mexico | $122,600 | $887 |
Other Counties in Arkansas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Pike County | $121,600 | $686 | 75.0% |
| Union County | $120,900 | $847 | 72.7% |
| Sevier County | $117,600 | $751 | 67.6% |
| Cross County | $117,500 | $764 | 67.5% |
| Izard County | $129,100 | $621 | 75.4% |
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).