Prentiss County, Mississippi Housing Market

In Prentiss County, Mississippi, the median home value is $122,500, with a median monthly rent of $637. This places Prentiss County at #2590 nationally out of 3134 counties by median home value, and #40 within Mississippi.

Median Home Value $122,500
Median Rent $637/mo
Owner Occupancy 77.5%
Price/Rent Ratio 16.0

📈 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 Prentiss County rose +12.0% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

5,586
jobs (private sector)
  • Avg weekly wage: $843
  • Establishments: 517
  • BLS QCEW, 2025
🏗️

Housing Supply

8
new units authorized (2025)
  • Single-family: 8
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+338
net migration (filers, 2021-2022)
  • Inflow: 8,522 (avg $50,853)
  • Outflow: 8,184 (avg $51,351)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 38829 251.5 +7.49% 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 Prentiss County Compares

MetricPrentiss CountyMississippi AverageU.S. Average
Median Home Value $122,500 $135,817 $227,706
Median Gross Rent $637 $804 $968
Owner Occupancy Rate 77.5% 72.4% 73.3%
Price/Rent Ratio 16.0 13.9 18.7

Market Analysis

The median home value in Prentiss County is 9.8% below the Mississippi state average and 46.2% below the U.S. national average. The median rent of $637/month is 20.8% below the state average.

With a price-to-rent ratio of 16.0, the buy-vs-rent decision in Prentiss County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Prentiss County has an owner-occupancy rate of 77.5%, 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

CountyStateMedian Home ValueMedian Rent
Mississippi County Arkansas $122,500 $830
Hardin County Iowa $122,500 $795
Osceola County Iowa $122,600 $797
Avoyelles Parish Louisiana $122,400 $757
Mora County New Mexico $122,600 $887

Other Counties in Mississippi

CountyMedian Home ValueMedian RentOwner Occ.
Yalobusha County $122,300 $667 69.3%
Marion County $122,800 $818 77.2%
Simpson County $122,200 $852 81.4%
Perry County $124,000 $755 81.5%
Tippah County $124,100 $790 74.8%

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).