Oktibbeha County, Mississippi Housing Market
In Oktibbeha County, Mississippi, the median home value is $237,700, with a median monthly rent of $915. This places Oktibbeha County at #1009 nationally out of 3134 counties by median home value, and #4 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: $759
- Establishments: 1,039
- BLS QCEW, 2025
Housing Supply
- Single-family: 58
- Multi-family: 2
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 16,208 (avg $69,485)
- Outflow: 14,974 (avg $69,450)
- IRS Statistics of Income
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| Metric | Oktibbeha County | Mississippi Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $237,700 | $135,817 | $227,706 |
| Median Gross Rent | $915 | $804 | $968 |
| Owner Occupancy Rate | 48.0% | 72.4% | 73.3% |
| Price/Rent Ratio | 21.6 | 13.9 | 18.7 |
Market Analysis
The median home value in Oktibbeha County is 75.0% above the Mississippi state average and 4.4% above the U.S. national average. The median rent of $915/month is 13.8% above the state average.
With a price-to-rent ratio of 21.6, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Oktibbeha County has an owner-occupancy rate of 48.0%, compared to 72.4% in Mississippi 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 |
|---|---|---|---|
| Codington County | South Dakota | $237,700 | $938 |
| Las Animas County | Colorado | $237,600 | $891 |
| Morgan County | Indiana | $237,600 | $1,042 |
| Mills County | Iowa | $237,800 | $959 |
| Lake and Peninsula Borough | Alaska | $237,500 | $936 |
Other Counties in Mississippi
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Rankin County | $237,400 | $1,270 | 76.8% |
| Lamar County | $224,700 | $1,126 | 69.5% |
| Hancock County | $224,200 | $977 | 79.2% |
| Harrison County | $212,200 | $1,115 | 62.2% |
| Tate County | $209,000 | $963 | 76.0% |
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).