Stone County, Mississippi Housing Market

In Stone County, Mississippi, the median home value is $161,100, with a median monthly rent of $936. This places Stone County at #1998 nationally out of 3134 counties by median home value, and #19 within Mississippi.

Median Home Value $161,100
Median Rent $936/mo
Owner Occupancy 80.7%
Price/Rent Ratio 14.3

📈 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 Stone County rose +0.9% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

3,673
jobs (private sector)
  • Avg weekly wage: $868
  • Establishments: 315
  • BLS QCEW, 2025
🏗️

Housing Supply

51
new units authorized (2025)
  • Single-family: 51
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+392
net migration (filers, 2021-2022)
  • Inflow: 6,155 (avg $57,404)
  • Outflow: 5,763 (avg $58,180)
  • IRS Statistics of Income

How Stone County Compares

MetricStone CountyMississippi AverageU.S. Average
Median Home Value $161,100 $135,817 $227,706
Median Gross Rent $936 $804 $968
Owner Occupancy Rate 80.7% 72.4% 73.3%
Price/Rent Ratio 14.3 13.9 18.7

Market Analysis

The median home value in Stone County is 18.6% above the Mississippi state average and 29.3% below the U.S. national average. The median rent of $936/month is 16.4% above the state average.

With a price-to-rent ratio of 14.3, buying a home in Stone 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.

Stone County has an owner-occupancy rate of 80.7%, 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
Clarke County Iowa $161,100 $931
Blair County Pennsylvania $161,100 $885
Henry County Alabama $161,000 $769
Chilton County Alabama $161,300 $871
Madison County Indiana $161,300 $939

Other Counties in Mississippi

CountyMedian Home ValueMedian RentOwner Occ.
Hinds County $159,900 $1,061 58.3%
Union County $163,400 $865 74.7%
Lowndes County $164,100 $930 61.3%
Pontotoc County $157,100 $864 69.8%
Warren County $156,400 $888 69.9%

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).