Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$53,685−2.4% YoY · prices are falling
Market right nowBalanced, leaning buyersFewer homes for sale than last year, 17% have cut their price
Income needed to buy, per year$11,638About 0.3× the local median income ($43,941): affordable for a typical household
Days on market75 daysSlower than a year ago: buyers have time to negotiate
The typical home in Washington County, MS is worth $53,685, down 2.4% from a year ago. That is well below what local incomes have historically supported: fair value is about $106,372, so the area is 49.5% undervalued. It is a balanced market, leaning toward buyers: homes take about 75 days to sell, listings are down 3% from a year ago, 17% of listings have had a price cut. A household needs about $11,638 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 $43,941. In the latest IRS figures, 471 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
$53,685
Change in 1 year
−2.4%
Overvalued %
−49.5%
Show 6 more
Fair home value
$106,372
Change in 5 years
−49.3%
Home value to income
1.2×
Monthly mortgage payment (20% down)
$291
Income needed to afford it
$11,638
Property tax rate
0.86%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$905
Market activity
Listings vs a year ago
−3.3%
Days on market
75
Listings with a price cut
16.6%
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Homes for sale
119
Pending sales per 100 listings
13
Asking price per sq ft
$77
People and jobs
Median household income
$43,941
Population change (1 year)
−1.9%
Unemployment rate
6.3%
Show 4 more
Population
40,446
Income adjusted for cost of living
$52,561
Net moves in (IRS)
−471
Cost of living (US = 100)
83.6
Schools, risk and environment
School rating (1 to 10)
2.4
FEMA hazard risk score (0 to 100)
83.0
Flood risk score
81.2
Show 3 more
Wildfire risk score
26.1
Walkability (1 to 20)
7.3
Road, rail and air noise
53 dB
Questions people ask
Is Washington County, MS overvalued?
Home prices in Washington County, MS are well below what local incomes have historically supported: fair value is about $106,372, so the area is 49.5% undervalued.
Is Washington County, MS a buyer's or seller's market?
Washington County, MS is a balanced market, leaning toward buyers: homes take about 75 days to sell, listings are down 3% from a year ago, 17% of listings have had a price cut.
Are home prices going down in Washington County, MS?
Home values in Washington County, MS are down 2.4% over the last year.
How much do you need to earn to buy a home in Washington County, MS?
A household needs about $11,638 a year to afford the typical home in Washington County, MS at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $43,941.