Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$248,358+4.9% YoY · prices are rising fast
Market right nowBalanced marketMore homes for sale than last year, 25% have cut their price
Income needed to buy, per year$53,839About 0.8× the local median income ($68,786): affordable for a typical household
Days on market55 daysAbout the same pace as a year ago
Next 12 months−0.1%Zillow expects prices to stay about flat
The typical home in Tate County, MS is worth $248,358, up 4.9% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $235,798, so the area is 5.3% overvalued. It is a balanced market: homes take about 55 days to sell, listings are up 14% from a year ago, 25% of listings have had a price cut. Zillow expects prices to fall about 0.1% over the next year. A household needs about $53,839 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 $68,786. In the latest IRS figures, 32 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
$248,358
Change in 1 year
+4.9%
Overvalued %
+5.3%
Show 7 more
Fair home value
$235,798
Change in 5 years
+23.8%
Zillow forecast, next 12 months
−0.1%
Home value to income
3.6×
Monthly mortgage payment (20% down)
$1,346
Income needed to afford it
$53,839
Property tax rate
0.65%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,101
Market activity
Listings vs a year ago
+14.3%
Days on market
55
Listings with a price cut
25.4%
Show 3 more
Homes for sale
64
Pending sales per 100 listings
50
Asking price per sq ft
$165
People and jobs
Median household income
$68,786
Population change (1 year)
+0.3%
Unemployment rate
4.7%
Show 4 more
Population
28,725
Income adjusted for cost of living
$74,605
Net moves in (IRS)
−32
Cost of living (US = 100)
92.2
Schools, risk and environment
School rating (1 to 10)
5.1
FEMA hazard risk score (0 to 100)
41.2
Flood risk score
26.5
Show 3 more
Wildfire risk score
58.9
Walkability (1 to 20)
4.4
Road, rail and air noise
54 dB
Questions people ask
Is Tate County, MS overvalued?
Home prices in Tate County, MS are slightly above what local incomes have historically supported: fair value is about $235,798, so the area is 5.3% overvalued.
Is Tate County, MS a buyer's or seller's market?
Tate County, MS is a balanced market: homes take about 55 days to sell, listings are up 14% from a year ago, 25% of listings have had a price cut.
Are home prices going down in Tate County, MS?
Home values in Tate County, MS are up 4.9% over the last year. Zillow's forecast for the next 12 months is −0.1%.
How much do you need to earn to buy a home in Tate County, MS?
A household needs about $53,839 a year to afford the typical home in Tate County, MS at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $68,786.