Tunica County, Mississippi Housing Market

In Tunica County, Mississippi, the median home value is $175,900, with a median monthly rent of $977. This places Tunica County at #1688 nationally out of 3134 counties by median home value, and #13 within Mississippi.

Median Home Value $175,900
Median Rent $977/mo
Owner Occupancy 39.5%
Price/Rent Ratio 15.0

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

💼

Employment & Wages

3,757
jobs (private sector)
  • Avg weekly wage: $790
  • Establishments: 244
  • BLS QCEW, 2025
🏗️

Housing Supply

85
new units authorized (2025)
  • Single-family: 85
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+165
net migration (filers, 2021-2022)
  • Inflow: 3,716 (avg $38,740)
  • Outflow: 3,551 (avg $39,473)
  • IRS Statistics of Income

How Tunica County Compares

MetricTunica CountyMississippi AverageU.S. Average
Median Home Value $175,900 $135,817 $227,706
Median Gross Rent $977 $804 $968
Owner Occupancy Rate 39.5% 72.4% 73.3%
Price/Rent Ratio 15.0 13.9 18.7

Market Analysis

The median home value in Tunica County is 29.5% above the Mississippi state average and 22.8% below the U.S. national average. The median rent of $977/month is 21.5% above the state average.

With a price-to-rent ratio of 15.0, the buy-vs-rent decision in Tunica County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Tunica County has an owner-occupancy rate of 39.5%, 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

CountyStateMedian Home ValueMedian Rent
White County Indiana $175,900 $901
Merrick County Nebraska $175,900 $750
Clinton County Pennsylvania $175,900 $820
Switzerland County Indiana $175,800 $758
Carroll County Iowa $176,000 $731

Other Counties in Mississippi

CountyMedian Home ValueMedian RentOwner Occ.
Pearl River County $182,300 $906 80.4%
Forrest County $168,000 $972 57.2%
Marshall County $167,900 $868 79.1%
George County $166,900 $844 82.1%
Lowndes County $164,100 $930 61.3%

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 2026-10-13. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).