Neshoba County, Mississippi Housing Market
In Neshoba County, Mississippi, the median home value is $100,000, with a median monthly rent of $839. This places Neshoba County at #2915 nationally out of 3134 counties by median home value, and #66 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: $1,126
- Establishments: 536
- BLS QCEW, 2025
Housing Supply
- Single-family: 3
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 10,124 (avg $56,611)
- Outflow: 9,769 (avg $57,043)
- IRS Statistics of Income
How Neshoba County Compares
| Metric | Neshoba County | Mississippi Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $100,000 | $135,817 | $227,706 |
| Median Gross Rent | $839 | $804 | $968 |
| Owner Occupancy Rate | 78.1% | 72.4% | 73.3% |
| Price/Rent Ratio | 9.9 | 13.9 | 18.7 |
Market Analysis
The median home value in Neshoba County is 26.4% below the Mississippi state average and 56.1% below the U.S. national average. The median rent of $839/month is 4.4% above the state average.
With a price-to-rent ratio of 9.9, buying a home in Neshoba 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.
Neshoba County has an owner-occupancy rate of 78.1%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Edwards County | Illinois | $100,000 | $811 |
| Cloud County | Kansas | $100,000 | $769 |
| Lawrence County | Mississippi | $100,000 | $753 |
| Treutlen County | Georgia | $100,100 | $733 |
| Cherokee County | Kansas | $100,100 | $799 |
Other Counties in Mississippi
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Lawrence County | $100,000 | $753 | 83.5% |
| Sunflower County | $100,300 | $694 | 54.9% |
| Kemper County | $99,600 | $677 | 79.0% |
| Amite County | $100,800 | $670 | 82.4% |
| Leflore County | $101,200 | $689 | 52.4% |
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 2026-10-13. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).