Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$163,401+7.0% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 11% have cut their price
Income needed to buy, per year$35,422About 0.6× the local median income ($57,130): affordable for a typical household
Days on market129 daysSlower than a year ago: buyers have time to negotiate
The typical home in Leake County, MS is worth $163,401, up 7.0% from a year ago. That is well below what local incomes have historically supported: fair value is about $206,107, so the area is 20.7% undervalued. It is a balanced market, leaning toward buyers: homes take about 129 days to sell, listings are up 25% from a year ago, 11% of listings have had a price cut. A household needs about $35,422 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 $57,130. In the latest IRS figures, 91 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
$163,401
Change in 1 year
+7.0%
Overvalued %
−20.7%
Show 6 more
Fair home value
$206,107
Change in 5 years
+4.9%
Home value to income
2.9×
Monthly mortgage payment (20% down)
$886
Income needed to afford it
$35,422
Property tax rate
0.67%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,003
Market activity
Listings vs a year ago
+25.0%
Days on market
129
Listings with a price cut
10.8%
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Homes for sale
30
Pending sales per 100 listings
17
Asking price per sq ft
$118
People and jobs
Median household income
$57,130
Population change (1 year)
+0.3%
Unemployment rate
6.2%
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Population
21,662
Income adjusted for cost of living
$68,337
Net moves in (IRS)
−91
Cost of living (US = 100)
83.6
Schools, risk and environment
School rating (1 to 10)
2.3
FEMA hazard risk score (0 to 100)
55.7
Flood risk score
45.3
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Wildfire risk score
51.9
Walkability (1 to 20)
3.7
Road, rail and air noise
54 dB
Questions people ask
Is Leake County, MS overvalued?
Home prices in Leake County, MS are well below what local incomes have historically supported: fair value is about $206,107, so the area is 20.7% undervalued.
Is Leake County, MS a buyer's or seller's market?
Leake County, MS is a balanced market, leaning toward buyers: homes take about 129 days to sell, listings are up 25% from a year ago, 11% of listings have had a price cut.
Are home prices going down in Leake County, MS?
Home values in Leake County, MS are up 7.0% over the last year.
How much do you need to earn to buy a home in Leake County, MS?
A household needs about $35,422 a year to afford the typical home in Leake County, MS at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $57,130.