George County, Mississippi Housing Market Prices
George 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$59,090
-
Median rent 12% below the Mississippi median$843
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | George County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $59,090 | $130,069 | $248,835 |
| Price Trend (Annual %) | 7.4% | 5.6% | 7.5% |
| Median Gross Rent | $843 | $954 | $1,407 |
| Rent Trend (Annual %) | 2.7% | 3.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in George County is about 55% lower than in Mississippi. Rent is about 12% 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 George County, up about 7.4% and 2.7% a year respectively. Home prices are changing faster.
Median rent in George County rose about 13.8% between 2015 and 2024, from $741 to $843. Over the same span, rent in Mississippi rose about 33.2%.
Affordability
On average, housing unit costs 1.0 yearly household incomes in George County.
Buying the median-priced home in George County costs roughly 5.8 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 George County. The price-to-rent ratio in Mississippi is about 11.4.
| Metric | George County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $59,090 | $130,069 | $248,835 |
| Median Household Income | $59,773 | $56,669 | $80,455 |
| Price-to-Income Ratio | 1.0 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in George County rose about 48.9%, while median household income rose about 18.9% 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 | George County | Mississippi Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 73.6% | 59.8% | 58.5% |
| Rental Rate | 16.0% | 25.6% | 31.2% |
| Vacancy Rate | 10.3% | 14.6% | 10.2% |
| Median Tenure (years) | 15.0 | 16.0 | 15.0 |
| Median Year Moved In | 2011 | 2010 | 2011 |
George County has a homeownership rate of 73.6%, higher than the Mississippi average of 59.8%. Its housing vacancy rate is 10.3%, compared with 14.6% in Mississippi.
Housing Stock
| Metric | George County | Mississippi Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.64 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1990 | 1986 | 1978 |
| Median Number of Rooms | 5.5 | 5.7 | 5.5 |
The typical housing unit in George County was built around 1990. On average, 2.6 people live in a home with about 5.5 rooms, staying for about 15.0 years on average.
George County, MS Housing Compared With Nearby Counties
How George County, MS compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| George County, MS | 25,170 | $59,090 #3/3 | $843 #3/3 | 82.1% #1/3 |
| Jackson County, MS | 145,249 | $147,902 | $1,100 | 72.7% |
| Mobile County, AL | 411,339 | $160,326 | $1,052 | 66.1% |
Frequently Asked Questions
Common questions about the housing market in George County, Mississippi.
What is the median home price in George County, Mississippi?
The median home price in George County, Mississippi is $59,090, lower than the Mississippi average of $130,069.
What is the average home price in George County, Mississippi?
The typical home price in George County, Mississippi, reported as the median sale price, is $59,090. 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 George County, Mississippi?
The median gross rent in George County, Mississippi is $843 per month, lower than the Mississippi average of $954.
What was the median gross rent in George County in 2020?
In 2020, the median gross rent in George County, Mississippi was $791 per month.
What is the price-to-rent ratio in George County, Mississippi?
The price-to-rent ratio in George County, Mississippi is about 5.8, meaning it would take roughly 5.8 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 George County.
Are home prices or rent rising faster in George County, Mississippi?
Both home prices and rent are rising in George County, up about 7.4% and 2.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in George County, Mississippi?
73.6% of households in George County, Mississippi own their home, higher than the Mississippi average of 59.8%.
What is the vacancy rate in George County, Mississippi?
The housing vacancy rate in George County, Mississippi is 10.3%, lower 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 →