Choctaw County, Mississippi Housing Market Prices
Choctaw 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 71% above the Mississippi median More expensive than 80% of counties in Mississippi$222,727
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Median rent 33% below the Mississippi median Cheaper than 91% of counties in Mississippi$638
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Choctaw County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $222,727 | $130,069 | $248,835 |
| Price Trend (Annual %) | 187.6% | 5.6% | 7.5% |
| Median Gross Rent | $638 | $954 | $1,407 |
| Rent Trend (Annual %) | 2.2% | 3.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Choctaw County is about 71% higher than in Mississippi. Rent is about 33% 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 Choctaw County, up about 187.6% and 2.2% a year respectively. Home prices are changing faster.
Median rent in Choctaw County rose about 18.9% between 2015 and 2024, from $536 to $638. Over the same span, rent in Mississippi rose about 33.2%.
Affordability
On average, housing unit costs 4.3 yearly household incomes in Choctaw County.
Buying the median-priced home in Choctaw County costs roughly 29.1 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 Choctaw County. The price-to-rent ratio in Mississippi is about 11.4.
| Metric | Choctaw County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $222,727 | $130,069 | $248,835 |
| Median Household Income | $51,377 | $56,669 | $80,455 |
| Price-to-Income Ratio | 4.3 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Choctaw County rose about 644.7%, while median household income rose about 50.1% 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 | Choctaw County | Mississippi Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 62.9% | 59.8% | 58.5% |
| Rental Rate | 16.3% | 25.6% | 31.2% |
| Vacancy Rate | 20.8% | 14.6% | 10.2% |
| Median Tenure (years) | 19.0 | 16.0 | 15.0 |
| Median Year Moved In | 2007 | 2010 | 2011 |
Choctaw County has a homeownership rate of 62.9%, higher than the Mississippi average of 59.8%. Its housing vacancy rate is 20.8%, compared with 14.6% in Mississippi.
Housing Stock
| Metric | Choctaw County | Mississippi Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.28 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1980 | 1986 | 1978 |
| Median Number of Rooms | 5.6 | 5.7 | 5.5 |
The typical housing unit in Choctaw County was built around 1980. On average, 2.3 people live in a home with about 5.6 rooms, staying for about 19.0 years on average.
Choctaw County, MS Housing Compared With Nearby Counties
How Choctaw County, MS compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Choctaw County, MS | 8,118 | $222,727 #1/3 | $638 #3/3 | 79.4% #1/3 |
| Oktibbeha County, MS | 51,791 | $7,499 | $915 | 48.0% |
| Attala County, MS | 17,526 | $56,764 | $824 | 75.3% |
Frequently Asked Questions
Common questions about the housing market in Choctaw County, Mississippi.
What is the median home price in Choctaw County, Mississippi?
The median home price in Choctaw County, Mississippi is $222,727, higher than the Mississippi average of $130,069.
What is the average home price in Choctaw County, Mississippi?
The typical home price in Choctaw County, Mississippi, reported as the median sale price, is $222,727. 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 Choctaw County, Mississippi?
The median gross rent in Choctaw County, Mississippi is $638 per month, lower than the Mississippi average of $954.
What was the median gross rent in Choctaw County in 2020?
In 2020, the median gross rent in Choctaw County, Mississippi was $533 per month.
What is the price-to-rent ratio in Choctaw County, Mississippi?
The price-to-rent ratio in Choctaw County, Mississippi is about 29.1, meaning it would take roughly 29.1 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 Choctaw County.
Are home prices or rent rising faster in Choctaw County, Mississippi?
Both home prices and rent are rising in Choctaw County, up about 187.6% and 2.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Choctaw County, Mississippi?
62.9% of households in Choctaw County, Mississippi own their home, higher than the Mississippi average of 59.8%.
What is the vacancy rate in Choctaw County, Mississippi?
The housing vacancy rate in Choctaw County, Mississippi is 20.8%, higher than the Mississippi average of 14.6%.
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