Carroll County, Mississippi Housing Market Prices
Carroll 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 96% below the Mississippi median Among the top 3 cheapest counties in Mississippi$5,784
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Median rent 31% below the Mississippi median Cheaper than 88% of counties in Mississippi$661
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Carroll County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $5,784 | $130,069 | $248,835 |
| Price Trend (Annual %) | -35.6% | 5.6% | 7.5% |
| Median Gross Rent | $661 | $954 | $1,407 |
| Rent Trend (Annual %) | 6.8% | 3.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Carroll County is about 96% lower than in Mississippi. Rent is about 31% lower than the Mississippi average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2021
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Carroll County: home prices fell about 35.6% a year while rent rose about 6.8% a year. That is an unusual pattern worth watching.
Median rent in Carroll County rose about 24.9% between 2015 and 2024, from $530 to $661. Over the same span, rent in Mississippi rose about 33.2%.
Affordability
On average, housing unit costs 0.1 yearly household incomes in Carroll County.
Buying the median-priced home in Carroll County costs roughly 0.7 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Carroll County. The price-to-rent ratio in Mississippi is about 11.4.
| Metric | Carroll County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $5,784 | $130,069 | $248,835 |
| Median Household Income | $59,329 | $56,669 | $80,455 |
| Price-to-Income Ratio | 0.1 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2021, the median home price in Carroll County fell about 96.4%, while median household income rose about 86.9% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Carroll County | Mississippi Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 71.8% | 59.8% | 58.5% |
| Rental Rate | 14.0% | 25.6% | 31.2% |
| Vacancy Rate | 14.2% | 14.6% | 10.2% |
| Median Tenure (years) | 19.0 | 16.0 | 15.0 |
| Median Year Moved In | 2007 | 2010 | 2011 |
Carroll County has a homeownership rate of 71.8%, higher than the Mississippi average of 59.8%. Its housing vacancy rate is 14.2%, compared with 14.6% in Mississippi.
Housing Stock
| Metric | Carroll County | Mississippi Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.17 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1982 | 1986 | 1978 |
| Median Number of Rooms | 6.0 | 5.7 | 5.5 |
The typical housing unit in Carroll County was built around 1982. On average, 2.2 people live in a home with about 6.0 rooms, staying for about 19.0 years on average.
Carroll County, MS Housing Compared With Nearby Counties
How Carroll County, MS compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Carroll County, MS | 9,686 | $5,784 #2/2 | $661 #2/2 | 83.7% #1/2 |
| Attala County, MS | 17,526 | $56,764 | $824 | 75.3% |
Frequently Asked Questions
Common questions about the housing market in Carroll County, Mississippi.
What is the median home price in Carroll County, Mississippi?
The median home price in Carroll County, Mississippi is $5,784, lower than the Mississippi average of $130,069.
What is the average home price in Carroll County, Mississippi?
The typical home price in Carroll County, Mississippi, reported as the median sale price, is $5,784. 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 Carroll County, Mississippi?
The median gross rent in Carroll County, Mississippi is $661 per month, lower than the Mississippi average of $954.
What was the median gross rent in Carroll County in 2020?
In 2020, the median gross rent in Carroll County, Mississippi was $440 per month.
What is the price-to-rent ratio in Carroll County, Mississippi?
The price-to-rent ratio in Carroll County, Mississippi is about 0.7, meaning it would take roughly 0.7 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Carroll County.
Are home prices or rent rising faster in Carroll County, Mississippi?
Home prices and rent are moving in opposite directions in Carroll County: home prices fell about 35.6% a year while rent rose about 6.8% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Carroll County, Mississippi?
71.8% of households in Carroll County, Mississippi own their home, higher than the Mississippi average of 59.8%.
What is the vacancy rate in Carroll County, Mississippi?
The housing vacancy rate in Carroll County, Mississippi is 14.2%, lower than the Mississippi average of 14.6%.
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