Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$179,058+7.0% YoY · prices are rising fast
Market right nowSeller's marketFewer homes for sale than last year, 17% have cut their price
Income needed to buy, per year$38,816About 0.7× the local median income ($54,635): affordable for a typical household
Days on market77 daysSlower than a year ago: buyers have time to negotiate
The typical home in Alcorn County, MS is worth $179,058, up 7.0% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $183,235, so the area is 2.3% undervalued. It is a seller's market: homes take about 77 days to sell, listings are down 18% from a year ago, 17% of listings have had a price cut. A household needs about $38,816 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $54,635. In the latest IRS figures, 182 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$179,058
Change in 1 year
+7.0%
Overvalued %
−2.3%
Show 6 more
Fair home value
$183,235
Change in 5 years
+14.2%
Home value to income
3.3×
Monthly mortgage payment (20% down)
$970
Income needed to afford it
$38,816
Property tax rate
0.58%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$905
Market activity
Listings vs a year ago
−17.6%
Days on market
77
Listings with a price cut
17.4%
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Homes for sale
70
Pending sales per 100 listings
40
Asking price per sq ft
$129
People and jobs
Median household income
$54,635
Population change (1 year)
−0.1%
Unemployment rate
4.6%
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Population
34,569
Income adjusted for cost of living
$65,353
Net moves in (IRS)
+182
Cost of living (US = 100)
83.6
Schools, risk and environment
School rating (1 to 10)
6.2
FEMA hazard risk score (0 to 100)
65.0
Flood risk score
51.6
Show 3 more
Wildfire risk score
44.3
Walkability (1 to 20)
5.3
Road, rail and air noise
53 dB
Questions people ask
Is Alcorn County, MS overvalued?
Home prices in Alcorn County, MS are slightly below what local incomes have historically supported: fair value is about $183,235, so the area is 2.3% undervalued.
Is Alcorn County, MS a buyer's or seller's market?
Alcorn County, MS is a seller's market: homes take about 77 days to sell, listings are down 18% from a year ago, 17% of listings have had a price cut.
Are home prices going down in Alcorn County, MS?
Home values in Alcorn County, MS are up 7.0% over the last year.
How much do you need to earn to buy a home in Alcorn County, MS?
A household needs about $38,816 a year to afford the typical home in Alcorn County, MS at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $54,635.