Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$131,637+2.1% YoY · prices are rising
Market right nowBalanced, leaning buyersFewer homes for sale than last year, 0% have cut their price
Income needed to buy, per year$28,536About 0.6× the local median income ($47,011): affordable for a typical household
Days on market85 daysAbout the same pace as a year ago
The typical home in Montgomery County, MS is worth $131,637, up 2.1% from a year ago. That is well below what local incomes have historically supported: fair value is about $149,014, so the area is 11.7% undervalued. It is a balanced market, leaning toward buyers: homes take about 85 days to sell, listings are down 0% from a year ago, 0% of listings have had a price cut. A household needs about $28,536 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 $47,011. In the latest IRS figures, 41 more people moved in than out.
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
$131,637
Change in 1 year
+2.1%
Overvalued %
−11.7%
Show 6 more
Fair home value
$149,014
Change in 5 years
−5.2%
Home value to income
2.8×
Monthly mortgage payment (20% down)
$713
Income needed to afford it
$28,536
Property tax rate
1.00%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$905
Market activity
Listings vs a year ago
0.0%
Days on market
85
Listings with a price cut
0.0%
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Homes for sale
31
Pending sales per 100 listings
19
Asking price per sq ft
$109
People and jobs
Median household income
$47,011
Population change (1 year)
−0.9%
Unemployment rate
4.7%
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Population
9,354
Income adjusted for cost of living
$56,233
Net moves in (IRS)
+41
Cost of living (US = 100)
83.6
Schools, risk and environment
School rating (1 to 10)
4.0
FEMA hazard risk score (0 to 100)
10.9
Flood risk score
14.6
Show 3 more
Wildfire risk score
27.8
Walkability (1 to 20)
5.3
Road, rail and air noise
55 dB
Questions people ask
Is Montgomery County, MS overvalued?
Home prices in Montgomery County, MS are well below what local incomes have historically supported: fair value is about $149,014, so the area is 11.7% undervalued.
Is Montgomery County, MS a buyer's or seller's market?
Montgomery County, MS is a balanced market, leaning toward buyers: homes take about 85 days to sell, listings are down 0% from a year ago, 0% of listings have had a price cut.
Are home prices going down in Montgomery County, MS?
Home values in Montgomery County, MS are up 2.1% over the last year.
How much do you need to earn to buy a home in Montgomery County, MS?
A household needs about $28,536 a year to afford the typical home in Montgomery County, MS at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $47,011.