Quitman County, Mississippi Housing Market
In Quitman County, Mississippi, the median home value is $69,600, with a median monthly rent of $672. This places Quitman County at #3114 nationally out of 3134 counties by median home value, and #82 within Mississippi.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $715
- Establishments: 117
- BLS QCEW, 2025
Housing Supply
- Single-family: 9
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 2,230 (avg $36,238)
- Outflow: 2,158 (avg $36,445)
- IRS Statistics of Income
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| Metric | Quitman County | Mississippi Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $69,600 | $135,817 | $227,706 |
| Median Gross Rent | $672 | $804 | $968 |
| Owner Occupancy Rate | 64.7% | 72.4% | 73.3% |
| Price/Rent Ratio | 8.6 | 13.9 | 18.7 |
Market Analysis
The median home value in Quitman County is 48.8% below the Mississippi state average and 69.4% below the U.S. national average. The median rent of $672/month is 16.4% below the state average.
With a price-to-rent ratio of 8.6, buying a home in Quitman 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.
Quitman County has an owner-occupancy rate of 64.7%, 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 |
|---|---|---|---|
| Comanche County | Kansas | $69,600 | $692 |
| Dewey County | South Dakota | $69,600 | $692 |
| Corson County | South Dakota | $69,800 | $496 |
| Harding County | New Mexico | $70,000 | $1,038 |
| Leslie County | Kentucky | $69,000 | $585 |
Other Counties in Mississippi
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Holmes County | $80,400 | $590 | 61.0% |
| Jefferson County | $81,300 | $448 | 82.9% |
| Tallahatchie County | $82,300 | $732 | 64.5% |
| Claiborne County | $82,700 | $660 | 76.5% |
| Humphreys County | $87,800 | $641 | 61.7% |
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).