Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$148,364−2.4% YoY · prices are falling
Market right nowBuyer's marketMore homes for sale than last year, 17% have cut their price
Income needed to buy, per year$32,162About 0.6× the local median income ($53,406): affordable for a typical household
Days on market87 daysFaster than a year ago: sellers have the edge
The typical home in Choctaw County, MS is worth $148,364, down 2.4% from a year ago. That is well below what local incomes have historically supported: fair value is about $195,092, so the area is 24.0% undervalued. It is a buyer's market: homes take about 87 days to sell, listings are up 56% from a year ago, 17% of listings have had a price cut. A household needs about $32,162 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 $53,406. In the latest IRS figures, 27 more people moved out than in.
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
$148,364
Change in 1 year
−2.4%
Overvalued %
−24.0%
Show 6 more
Fair home value
$195,092
Change in 5 years
−7.7%
Home value to income
2.8×
Monthly mortgage payment (20% down)
$804
Income needed to afford it
$32,162
Property tax rate
0.48%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$905
Market activity
Listings vs a year ago
+55.6%
Days on market
87
Listings with a price cut
17.4%
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Homes for sale
14
Pending sales per 100 listings
7
Asking price per sq ft
$124
People and jobs
Median household income
$53,406
Population change (1 year)
−0.5%
Unemployment rate
9.8%
Show 4 more
Population
8,048
Income adjusted for cost of living
$63,883
Net moves in (IRS)
−27
Cost of living (US = 100)
83.6
Schools, risk and environment
School rating (1 to 10)
7.9
FEMA hazard risk score (0 to 100)
11.5
Flood risk score
10.0
Show 3 more
Wildfire risk score
23.0
Walkability (1 to 20)
4.7
Road, rail and air noise
52 dB
Questions people ask
Is Choctaw County, MS overvalued?
Home prices in Choctaw County, MS are well below what local incomes have historically supported: fair value is about $195,092, so the area is 24.0% undervalued.
Is Choctaw County, MS a buyer's or seller's market?
Choctaw County, MS is a buyer's market: homes take about 87 days to sell, listings are up 56% from a year ago, 17% of listings have had a price cut.
Are home prices going down in Choctaw County, MS?
Home values in Choctaw County, MS are down 2.4% over the last year.
How much do you need to earn to buy a home in Choctaw County, MS?
A household needs about $32,162 a year to afford the typical home in Choctaw County, MS at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $53,406.