Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$181,503+0.7% YoY · prices are rising
Market right nowBalanced marketMore homes for sale than last year, 18% have cut their price
Income needed to buy, per year$39,346About 0.8× the local median income ($49,352): affordable for a typical household
Days on market88 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+0.9%Zillow expects prices to rise slightly
The typical home in Forrest County, MS is worth $181,503, up 0.7% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $186,444, so the area is 2.6% undervalued. It is a balanced market: homes take about 88 days to sell, listings are up 18% from a year ago, 18% of listings have had a price cut. Zillow expects prices to rise about 0.9% over the next year. A household needs about $39,346 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 $49,352. Typical rent is $1,258 a month, or $1,450 for a house. In the latest IRS figures, 60 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
$181,503
Change in 1 year
+0.7%
Overvalued %
−2.6%
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Fair home value
$186,444
Change in 5 years
+10.1%
Zillow forecast, next 12 months
+0.9%
Home value to income
3.7×
Monthly mortgage payment (20% down)
$984
Income needed to afford it
$39,346
Property tax rate
0.81%
Rent and investing
Typical rent
$1,258
Typical rent for houses
$1,450
Price-to-rent ratio
12.0×
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HUD Fair Market Rent, 2 bedrooms
$1,316
Gross rental yield
8.32%
Cap rate (estimate)
5.41%
Market activity
Listings vs a year ago
+17.5%
Days on market
88
Listings with a price cut
18.4%
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Homes for sale
215
Pending sales per 100 listings
41
Asking price per sq ft
$132
People and jobs
Median household income
$49,352
Population change (1 year)
+0.3%
Unemployment rate
6.7%
Show 4 more
Population
79,034
Income adjusted for cost of living
$56,338
Net moves in (IRS)
−60
Cost of living (US = 100)
87.6
Schools, risk and environment
School rating (1 to 10)
7.4
FEMA hazard risk score (0 to 100)
78.1
Unhealthy air days a year
0
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Flood risk score
69.6
Wildfire risk score
81.7
Walkability (1 to 20)
7.1
Road, rail and air noise
53 dB
Questions people ask
Is Forrest County, MS overvalued?
Home prices in Forrest County, MS are slightly below what local incomes have historically supported: fair value is about $186,444, so the area is 2.6% undervalued.
Is Forrest County, MS a buyer's or seller's market?
Forrest County, MS is a balanced market: homes take about 88 days to sell, listings are up 18% from a year ago, 18% of listings have had a price cut.
Are home prices going down in Forrest County, MS?
Home values in Forrest County, MS are up 0.7% over the last year. Zillow's forecast for the next 12 months is +0.9%.
How much do you need to earn to buy a home in Forrest County, MS?
A household needs about $39,346 a year to afford the typical home in Forrest County, MS at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $49,352.