Mississippi County, Missouri Housing Market

In Mississippi County, Missouri, the median home value is $109,000, with a median monthly rent of $762. This places Mississippi County at #2811 nationally out of 3134 counties by median home value, and #107 within Missouri.

Median Home Value $109,000
Median Rent $762/mo
Owner Occupancy 62.9%
Price/Rent Ratio 11.9

📈 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 Mississippi County rose +28.3% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

2,056
jobs (private sector)
  • Avg weekly wage: $871
  • Establishments: 374
  • BLS QCEW, 2025
🏗️

Housing Supply

10
new units authorized (2025)
  • Single-family: 10
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+198
net migration (filers, 2021-2022)
  • Inflow: 4,188 (avg $57,762)
  • Outflow: 3,990 (avg $57,931)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Mississippi County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 63801 202.3 +1.57% 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 Mississippi County Compares

MetricMississippi CountyMissouri AverageU.S. Average
Median Home Value $109,000 $175,712 $227,706
Median Gross Rent $762 $782 $968
Owner Occupancy Rate 62.9% 73.7% 73.3%
Price/Rent Ratio 11.9 18.8 18.7

Market Analysis

The median home value in Mississippi County is 38.0% below the Missouri state average and 52.1% below the U.S. national average. The median rent of $762/month is 2.6% below the state average.

With a price-to-rent ratio of 11.9, 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 62.9%, compared to 73.7% in Missouri 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
Upton County Texas $109,000 $720
Ida County Iowa $108,900 $696
Iron County Michigan $109,100 $716
Esmeralda County Nevada $108,900 $1,320
Greer County Oklahoma $109,100 $681

Other Counties in Missouri

CountyMedian Home ValueMedian RentOwner Occ.
Harrison County $109,500 $703 71.4%
Wayne County $107,400 $665 75.1%
Atchison County $106,800 $631 76.8%
New Madrid County $111,800 $729 64.2%
Grundy County $112,500 $696 69.7%

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).