Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$121,229+1.2% YoY · prices are rising
Market right nowBalanced, leaning sellersFewer homes for sale than last year, 14% have cut their price
Income needed to buy, per year$26,280About 0.5× the local median income ($56,828): affordable for a typical household
Days on market72 daysSlower than a year ago: buyers have time to negotiate
The typical home in Lauderdale County, MS is worth $121,229, up 1.2% from a year ago. That is well below what local incomes have historically supported: fair value is about $155,314, so the area is 21.9% undervalued. It is a balanced market, leaning toward sellers: homes take about 72 days to sell, listings are down 18% from a year ago, 14% of listings have had a price cut. A household needs about $26,280 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 $56,828. Typical rent is $1,291 a month. In the latest IRS figures, 698 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
$121,229
Change in 1 year
+1.2%
Overvalued %
−21.9%
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Fair home value
$155,314
Change in 5 years
+5.6%
Home value to income
2.1×
Monthly mortgage payment (20% down)
$657
Income needed to afford it
$26,280
Property tax rate
0.92%
Rent and investing
Typical rent
$1,291
Price-to-rent ratio
7.8×
HUD Fair Market Rent, 2 bedrooms
$1,006
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Gross rental yield
12.78%
Cap rate (estimate)
8.31%
Market activity
Listings vs a year ago
−17.9%
Days on market
72
Listings with a price cut
14.1%
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Homes for sale
115
Pending sales per 100 listings
37
Asking price per sq ft
$115
People and jobs
Median household income
$56,828
Population change (1 year)
−0.3%
Unemployment rate
5.8%
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Population
70,317
Income adjusted for cost of living
$67,976
Net moves in (IRS)
−698
Cost of living (US = 100)
83.6
Schools, risk and environment
School rating (1 to 10)
5.6
FEMA hazard risk score (0 to 100)
87.0
Unhealthy air days a year
0
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Flood risk score
80.1
Wildfire risk score
57.7
Walkability (1 to 20)
6.0
Road, rail and air noise
52 dB
Questions people ask
Is Lauderdale County, MS overvalued?
Home prices in Lauderdale County, MS are well below what local incomes have historically supported: fair value is about $155,314, so the area is 21.9% undervalued.
Is Lauderdale County, MS a buyer's or seller's market?
Lauderdale County, MS is a balanced market, leaning toward sellers: homes take about 72 days to sell, listings are down 18% from a year ago, 14% of listings have had a price cut.
Are home prices going down in Lauderdale County, MS?
Home values in Lauderdale County, MS are up 1.2% over the last year.
How much do you need to earn to buy a home in Lauderdale County, MS?
A household needs about $26,280 a year to afford the typical home in Lauderdale County, MS at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $56,828.