Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$90,098−4.7% YoY · prices are falling fast
Market right nowBalanced, leaning buyersFewer homes for sale than last year, 0% have cut their price
Income needed to buy, per year$19,531About 0.5× the local median income ($38,543): affordable for a typical household
Days on market152 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+1.7%Zillow expects prices to rise slightly
The typical home in Holmes County, MS is worth $90,098, down 4.7% from a year ago. That is well below what local incomes have historically supported: fair value is about $140,564, so the area is 35.9% undervalued. It is a balanced market, leaning toward buyers: homes take about 152 days to sell, listings are down 12% from a year ago, 0% of listings have had a price cut. Zillow expects prices to rise about 1.7% over the next year. A household needs about $19,531 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 $38,543. In the latest IRS figures, 311 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
$90,098
Change in 1 year
−4.7%
Overvalued %
−35.9%
Show 7 more
Fair home value
$140,564
Change in 5 years
−28.4%
Zillow forecast, next 12 months
+1.7%
Home value to income
2.3×
Monthly mortgage payment (20% down)
$488
Income needed to afford it
$19,531
Property tax rate
0.86%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$905
Market activity
Listings vs a year ago
−11.8%
Days on market
152
Listings with a price cut
0.0%
Show 3 more
Homes for sale
15
Pending sales per 100 listings
13
Asking price per sq ft
$70
People and jobs
Median household income
$38,543
Population change (1 year)
−1.1%
Unemployment rate
9.5%
Show 4 more
Population
15,465
Income adjusted for cost of living
$43,307
Net moves in (IRS)
−311
Cost of living (US = 100)
89.0
Schools, risk and environment
School rating (1 to 10)
2.3
FEMA hazard risk score (0 to 100)
49.8
Flood risk score
32.3
Show 3 more
Wildfire risk score
57.5
Walkability (1 to 20)
4.4
Road, rail and air noise
54 dB
Questions people ask
Is Holmes County, MS overvalued?
Home prices in Holmes County, MS are well below what local incomes have historically supported: fair value is about $140,564, so the area is 35.9% undervalued.
Is Holmes County, MS a buyer's or seller's market?
Holmes County, MS is a balanced market, leaning toward buyers: homes take about 152 days to sell, listings are down 12% from a year ago, 0% of listings have had a price cut.
Are home prices going down in Holmes County, MS?
Home values in Holmes County, MS are down 4.7% over the last year. Zillow's forecast for the next 12 months is +1.7%.
How much do you need to earn to buy a home in Holmes County, MS?
A household needs about $19,531 a year to afford the typical home in Holmes County, MS at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $38,543.