Bolivar County, Mississippi Housing Market Prices
Bolivar County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 164% above the Mississippi median More expensive than 93% of counties in Mississippi$343,877
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Median rent 28% below the Mississippi median Cheaper than 74% of counties in Mississippi$684
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Bolivar County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $343,877 | $130,069 | $248,835 |
| Price Trend (Annual %) | 156.9% | 5.6% | 7.5% |
| Median Gross Rent | $684 | $954 | $1,407 |
| Rent Trend (Annual %) | 1.6% | 3.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Bolivar County is about 164% higher than in Mississippi. Rent is about 28% lower than the Mississippi average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Bolivar County, up about 156.9% and 1.6% a year respectively. Home prices are changing faster.
Median rent in Bolivar County rose about 21.4% between 2015 and 2024, from $563 to $684. Over the same span, rent in Mississippi rose about 33.2%.
Affordability
On average, housing unit costs 8.7 yearly household incomes in Bolivar County.
Buying the median-priced home in Bolivar County costs roughly 41.9 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Bolivar County. The price-to-rent ratio in Mississippi is about 11.4.
| Metric | Bolivar County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $343,877 | $130,069 | $248,835 |
| Median Household Income | $39,667 | $56,669 | $80,455 |
| Price-to-Income Ratio | 8.7 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Bolivar County rose about 1355.1%, while median household income rose about 47.2% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Bolivar County | Mississippi Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 54.6% | 59.8% | 58.5% |
| Rental Rate | 32.6% | 25.6% | 31.2% |
| Vacancy Rate | 12.9% | 14.6% | 10.2% |
| Median Tenure (years) | 16.0 | 16.0 | 15.0 |
| Median Year Moved In | 2010 | 2010 | 2011 |
Bolivar County has a homeownership rate of 54.6%, lower than the Mississippi average of 59.8%. Its housing vacancy rate is 12.9%, compared with 14.6% in Mississippi.
Housing Stock
| Metric | Bolivar County | Mississippi Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.35 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1976 | 1986 | 1978 |
| Median Number of Rooms | 5.7 | 5.7 | 5.5 |
The typical housing unit in Bolivar County was built around 1976. On average, 2.3 people live in a home with about 5.7 rooms, staying for about 16.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Bolivar County, Mississippi.
What is the median home price in Bolivar County, Mississippi?
The median home price in Bolivar County, Mississippi is $343,877, higher than the Mississippi average of $130,069.
What is the average home price in Bolivar County, Mississippi?
The typical home price in Bolivar County, Mississippi, reported as the median sale price, is $343,877. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Bolivar County, Mississippi?
The median gross rent in Bolivar County, Mississippi is $684 per month, lower than the Mississippi average of $954.
What was the median gross rent in Bolivar County in 2020?
In 2020, the median gross rent in Bolivar County, Mississippi was $666 per month.
What is the price-to-rent ratio in Bolivar County, Mississippi?
The price-to-rent ratio in Bolivar County, Mississippi is about 41.9, meaning it would take roughly 41.9 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Bolivar County.
Are home prices or rent rising faster in Bolivar County, Mississippi?
Both home prices and rent are rising in Bolivar County, up about 156.9% and 1.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Bolivar County, Mississippi?
54.6% of households in Bolivar County, Mississippi own their home, lower than the Mississippi average of 59.8%.
What is the vacancy rate in Bolivar County, Mississippi?
The housing vacancy rate in Bolivar County, Mississippi is 12.9%, lower than the Mississippi average of 14.6%.
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