Clarke County, Mississippi Housing Market Prices
Clarke 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 141% above the Mississippi median More expensive than 88% of counties in Mississippi$313,333
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Median rent 16% below the Mississippi median$801
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Clarke County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $313,333 | $130,069 | $248,835 |
| Price Trend (Annual %) | 23.8% | 5.6% | 7.5% |
| Median Gross Rent | $801 | $954 | $1,407 |
| Rent Trend (Annual %) | 3.7% | 3.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Clarke County is about 141% higher than in Mississippi. Rent is about 16% 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 Clarke County, up about 23.8% and 3.7% a year respectively. Home prices are changing faster.
Median rent in Clarke County rose about 36.8% between 2015 and 2024, from $585 to $801. Over the same span, rent in Mississippi rose about 33.2%.
Affordability
On average, housing unit costs 6.8 yearly household incomes in Clarke County.
Buying the median-priced home in Clarke County costs roughly 32.6 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 Clarke County. The price-to-rent ratio in Mississippi is about 11.4.
| Metric | Clarke County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $313,333 | $130,069 | $248,835 |
| Median Household Income | $46,100 | $56,669 | $80,455 |
| Price-to-Income Ratio | 6.8 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Clarke County rose about 300.0%, while median household income rose about 39.9% 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 | Clarke County | Mississippi Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 64.0% | 59.8% | 58.5% |
| Rental Rate | 13.8% | 25.6% | 31.2% |
| Vacancy Rate | 22.2% | 14.6% | 10.2% |
| Median Tenure (years) | 20.0 | 16.0 | 15.0 |
| Median Year Moved In | 2006 | 2010 | 2011 |
Clarke County has a homeownership rate of 64.0%, higher than the Mississippi average of 59.8%. Its housing vacancy rate is 22.2%, compared with 14.6% in Mississippi.
Housing Stock
| Metric | Clarke County | Mississippi Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.55 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1985 | 1986 | 1978 |
| Median Number of Rooms | 6.0 | 5.7 | 5.5 |
The typical housing unit in Clarke County was built around 1985. On average, 2.6 people live in a home with about 6.0 rooms, staying for about 20.0 years on average.
Clarke County, MS Housing Compared With Nearby Counties
How Clarke County, MS compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Clarke County, MS | 15,314 | $313,333 #1/3 | $801 #2/3 | 82.3% #2/3 |
| Lauderdale County, MS | 71,502 | $120,425 | $952 | 65.1% |
| Wayne County, MS | 19,718 | $50,595 | $783 | 85.3% |
Frequently Asked Questions
Common questions about the housing market in Clarke County, Mississippi.
What is the median home price in Clarke County, Mississippi?
The median home price in Clarke County, Mississippi is $313,333, higher than the Mississippi average of $130,069.
What is the average home price in Clarke County, Mississippi?
The typical home price in Clarke County, Mississippi, reported as the median sale price, is $313,333. 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 Clarke County, Mississippi?
The median gross rent in Clarke County, Mississippi is $801 per month, lower than the Mississippi average of $954.
What was the median gross rent in Clarke County in 2020?
In 2020, the median gross rent in Clarke County, Mississippi was $683 per month.
What is the price-to-rent ratio in Clarke County, Mississippi?
The price-to-rent ratio in Clarke County, Mississippi is about 32.6, meaning it would take roughly 32.6 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 Clarke County.
Are home prices or rent rising faster in Clarke County, Mississippi?
Both home prices and rent are rising in Clarke County, up about 23.8% and 3.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Clarke County, Mississippi?
64.0% of households in Clarke County, Mississippi own their home, higher than the Mississippi average of 59.8%.
What is the vacancy rate in Clarke County, Mississippi?
The housing vacancy rate in Clarke County, Mississippi is 22.2%, higher than the Mississippi average of 14.6%.
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