Newton County, Mississippi Housing Market

In Newton County, Mississippi, the median home value is $106,300, with a median monthly rent of $638. This places Newton County at #2838 nationally out of 3134 counties by median home value, and #57 within Mississippi.

Median Home Value $106,300
Median Rent $638/mo
Owner Occupancy 79.1%
Price/Rent Ratio 13.9

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

💼

Employment & Wages

3,400
jobs (private sector)
  • Avg weekly wage: $829
  • Establishments: 336
  • BLS QCEW, 2025
🏗️

Housing Supply

1
new units authorized (2025)
  • Single-family: 1
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+238
net migration (filers, 2021-2022)
  • Inflow: 7,631 (avg $54,059)
  • Outflow: 7,393 (avg $54,101)
  • IRS Statistics of Income

How Newton County Compares

MetricNewton CountyMississippi AverageU.S. Average
Median Home Value $106,300 $135,817 $227,706
Median Gross Rent $638 $804 $968
Owner Occupancy Rate 79.1% 72.4% 73.3%
Price/Rent Ratio 13.9 13.9 18.7

Market Analysis

The median home value in Newton County is 21.7% below the Mississippi state average and 53.3% below the U.S. national average. The median rent of $638/month is 20.6% below the state average.

With a price-to-rent ratio of 13.9, buying a home in Newton 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.

Newton 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
Halifax County North Carolina $106,200 $813
Woodruff County Arkansas $106,500 $613
Wheeler County Texas $106,100 $970
Marion County Alabama $106,600 $630
Mitchell County Georgia $106,000 $797

Other Counties in Mississippi

CountyMedian Home ValueMedian RentOwner Occ.
Scott County $106,700 $888 71.3%
Jasper County $107,100 $724 82.1%
Benton County $105,100 $731 86.0%
Covington County $105,100 $662 77.5%
Attala County $104,600 $825 75.3%

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).