Coahoma County, Mississippi Housing Market Prices
Coahoma 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.
-
Median home price 55% below the Mississippi median$58,620
-
Median rent 22% below the Mississippi median$748
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Coahoma County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $58,620 | $130,069 | $248,835 |
| Price Trend (Annual %) | -3.3% | 5.6% | 7.5% |
| Median Gross Rent | $748 | $954 | $1,407 |
| Rent Trend (Annual %) | 3.5% | 3.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Coahoma County is about 55% lower than in Mississippi. Rent is about 22% lower than the Mississippi average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Coahoma County: home prices fell about 3.3% a year while rent rose about 3.5% a year. That is an unusual pattern worth watching.
Median rent in Coahoma County rose about 32.0% between 2015 and 2024, from $567 to $748. Over the same span, rent in Mississippi rose about 33.2%.
Affordability
On average, housing unit costs 1.6 yearly household incomes in Coahoma County.
Buying the median-priced home in Coahoma County costs roughly 6.5 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 Coahoma County. The price-to-rent ratio in Mississippi is about 11.4.
| Metric | Coahoma County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $58,620 | $130,069 | $248,835 |
| Median Household Income | $37,529 | $56,669 | $80,455 |
| Price-to-Income Ratio | 1.6 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Coahoma County fell about 48.6%, while median household income rose about 36.3% 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 | Coahoma County | Mississippi Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 43.0% | 59.8% | 58.5% |
| Rental Rate | 39.5% | 25.6% | 31.2% |
| Vacancy Rate | 17.5% | 14.6% | 10.2% |
| Median Tenure (years) | 15.0 | 16.0 | 15.0 |
| Median Year Moved In | 2011 | 2010 | 2011 |
Coahoma County has a homeownership rate of 43.0%, lower than the Mississippi average of 59.8%. Its housing vacancy rate is 17.5%, compared with 14.6% in Mississippi.
Housing Stock
| Metric | Coahoma County | Mississippi Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.35 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1969 | 1986 | 1978 |
| Median Number of Rooms | 5.9 | 5.7 | 5.5 |
The typical housing unit in Coahoma County was built around 1969. On average, 2.4 people live in a home with about 5.9 rooms, staying for about 15.0 years on average.
Coahoma County, MS Housing Compared With Nearby Counties
How Coahoma County, MS compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Coahoma County, MS | 20,540 | $58,620 #3/3 | $748 #1/3 | 52.1% #3/3 |
| Phillips County, AR | 15,415 | $96,741 | $736 | 53.1% |
| Tallahatchie County, MS | 11,764 | $108,571 | $731 | 64.5% |
Frequently Asked Questions
Common questions about the housing market in Coahoma County, Mississippi.
What is the median home price in Coahoma County, Mississippi?
The median home price in Coahoma County, Mississippi is $58,620, lower than the Mississippi average of $130,069.
What is the average home price in Coahoma County, Mississippi?
The typical home price in Coahoma County, Mississippi, reported as the median sale price, is $58,620. 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 Coahoma County, Mississippi?
The median gross rent in Coahoma County, Mississippi is $748 per month, lower than the Mississippi average of $954.
What was the median gross rent in Coahoma County in 2020?
In 2020, the median gross rent in Coahoma County, Mississippi was $582 per month.
What is the price-to-rent ratio in Coahoma County, Mississippi?
The price-to-rent ratio in Coahoma County, Mississippi is about 6.5, meaning it would take roughly 6.5 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 Coahoma County.
Are home prices or rent rising faster in Coahoma County, Mississippi?
Home prices and rent are moving in opposite directions in Coahoma County: home prices fell about 3.3% a year while rent rose about 3.5% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Coahoma County, Mississippi?
43.0% of households in Coahoma County, Mississippi own their home, lower than the Mississippi average of 59.8%.
What is the vacancy rate in Coahoma County, Mississippi?
The housing vacancy rate in Coahoma County, Mississippi is 17.5%, higher than the Mississippi average of 14.6%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →