Hancock County, Mississippi Housing Data

Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$164,062
$998

Housing Market Overview

Metric Hancock County Mississippi Avg US Average
Median Home Price $164,062 $119,791 $242,182
Price Trend (Annual %) 6.2% 5.1% 8.2%
Median Gross Rent $998 $923 $1,342
Rent Trend (Annual %) 3.8% 3.6% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Hancock County
Mississippi
United States
Year Hancock County Mississippi United States
Median Rent Over Time
Hancock County
Mississippi
United States
Year Hancock County Mississippi United States

Affordability

On average, housing unit costs 2.4 yearly household incomes in Hancock County.

Metric Hancock County Mississippi Avg US Average
Median Home Price $164,062 $119,791 $242,182
Median Household Income $68,517 $55,084 $78,145
Price-to-Income Ratio 2.4 2.2 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Hancock County Mississippi Avg US Average
Homeownership Rate 67.4% 59.0% 58.2%
Rental Rate 18.2% 25.9% 31.3%
Vacancy Rate 14.5% 15.1% 10.6%
Median Tenure (years) 16.0 16.0 15.0
Median Year Moved In 2010 2010 2011

Housing Stock

Metric Hancock County Mississippi Avg US Average
Average Household Size 2.30 people 2.52 people 2.54 people
Median Structure Built Year 1994 1985 1978
Median Number of Rooms 5.0 5.2 5.0