Perry County, Mississippi Housing Market
In Perry County, Mississippi, the median home value is $124,000, with a median monthly rent of $755. This places Perry County at #2563 nationally out of 3134 counties by median home value, and #38 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: $1,030
- Establishments: 150
- BLS QCEW, 2025
Housing Supply
- Single-family: 4
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 3,889 (avg $50,825)
- Outflow: 3,741 (avg $50,777)
- IRS Statistics of Income
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| Metric | Perry County | Mississippi Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $124,000 | $135,817 | $227,706 |
| Median Gross Rent | $755 | $804 | $968 |
| Owner Occupancy Rate | 81.5% | 72.4% | 73.3% |
| Price/Rent Ratio | 13.7 | 13.9 | 18.7 |
Market Analysis
The median home value in Perry County is 8.7% below the Mississippi state average and 45.5% below the U.S. national average. The median rent of $755/month is 6.1% below the state average.
With a price-to-rent ratio of 13.7, buying a home in Perry 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.
Perry County has an owner-occupancy rate of 81.5%, 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 |
|---|---|---|---|
| Miller County | Georgia | $124,000 | $810 |
| Sheridan County | Montana | $124,000 | $746 |
| Hyde County | North Carolina | $124,000 | $1,263 |
| Eddy County | North Dakota | $124,000 | $590 |
| Pickens County | Alabama | $123,900 | $648 |
Other Counties in Mississippi
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Tippah County | $124,100 | $790 | 74.8% |
| Winston County | $124,600 | $721 | 73.0% |
| Marion County | $122,800 | $818 | 77.2% |
| Prentiss County | $122,500 | $637 | 77.5% |
| Yalobusha County | $122,300 | $667 | 69.3% |
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).