Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$143,110+21.2% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 13% have cut their price
Income needed to buy, per year$31,023About 0.6× the local median income ($48,582): affordable for a typical household
Days on market96 daysSlower than a year ago: buyers have time to negotiate
The typical home in Wayne County, MS is worth $143,110, up 21.2% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $146,888, so the area is 2.6% undervalued. It is a balanced market, leaning toward buyers: homes take about 96 days to sell, listings are up 17% from a year ago, 13% of listings have had a price cut. A household needs about $31,023 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 $48,582. In the latest IRS figures, 69 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
$143,110
Change in 1 year
+21.2%
Overvalued %
−2.6%
Show 6 more
Fair home value
$146,888
Change in 5 years
+13.9%
Home value to income
2.9×
Monthly mortgage payment (20% down)
$776
Income needed to afford it
$31,023
Property tax rate
0.63%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$905
Market activity
Listings vs a year ago
+17.4%
Days on market
96
Listings with a price cut
12.9%
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Homes for sale
27
Pending sales per 100 listings
19
Asking price per sq ft
$124
People and jobs
Median household income
$48,582
Population change (1 year)
+0.0%
Unemployment rate
7.0%
Show 4 more
Population
19,807
Income adjusted for cost of living
$58,112
Net moves in (IRS)
−69
Cost of living (US = 100)
83.6
Schools, risk and environment
School rating (1 to 10)
5.4
FEMA hazard risk score (0 to 100)
55.7
Flood risk score
43.0
Show 3 more
Wildfire risk score
56.9
Walkability (1 to 20)
4.3
Road, rail and air noise
54 dB
Questions people ask
Is Wayne County, MS overvalued?
Home prices in Wayne County, MS are slightly below what local incomes have historically supported: fair value is about $146,888, so the area is 2.6% undervalued.
Is Wayne County, MS a buyer's or seller's market?
Wayne County, MS is a balanced market, leaning toward buyers: homes take about 96 days to sell, listings are up 17% from a year ago, 13% of listings have had a price cut.
Are home prices going down in Wayne County, MS?
Home values in Wayne County, MS are up 21.2% over the last year.
How much do you need to earn to buy a home in Wayne County, MS?
A household needs about $31,023 a year to afford the typical home in Wayne County, MS at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $48,582.