Holmes County, Mississippi Housing Market Prices
Holmes 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 22% above the Mississippi median$158,125
-
Median rent 38% below the Mississippi median Among the top 3 cheapest counties in Mississippi$589
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Holmes County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $158,125 | $130,069 | $248,835 |
| Price Trend (Annual %) | 55.6% | 5.6% | 7.5% |
| Median Gross Rent | $589 | $954 | $1,407 |
| Rent Trend (Annual %) | 2.1% | 3.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Holmes County is about 22% higher than in Mississippi. Rent is about 38% 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 Holmes County, up about 55.6% and 2.1% a year respectively. Home prices are changing faster.
Median rent in Holmes County rose about 19.0% between 2015 and 2024, from $495 to $589. Over the same span, rent in Mississippi rose about 33.2%.
Affordability
On average, housing unit costs 4.7 yearly household incomes in Holmes County.
Buying the median-priced home in Holmes County costs roughly 22.4 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 Holmes County. The price-to-rent ratio in Mississippi is about 11.4.
| Metric | Holmes County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $158,125 | $130,069 | $248,835 |
| Median Household Income | $33,880 | $56,669 | $80,455 |
| Price-to-Income Ratio | 4.7 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Holmes County rose about 164.8%, while median household income rose about 37.8% 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 | Holmes County | Mississippi Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 49.5% | 59.8% | 58.5% |
| Rental Rate | 31.6% | 25.6% | 31.2% |
| Vacancy Rate | 18.9% | 14.6% | 10.2% |
| Median Tenure (years) | 18.0 | 16.0 | 15.0 |
| Median Year Moved In | 2008 | 2010 | 2011 |
Holmes County has a homeownership rate of 49.5%, lower than the Mississippi average of 59.8%. Its housing vacancy rate is 18.9%, compared with 14.6% in Mississippi.
Housing Stock
| Metric | Holmes County | Mississippi Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.49 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1983 | 1986 | 1978 |
| Median Number of Rooms | 5.4 | 5.7 | 5.5 |
The typical housing unit in Holmes County was built around 1983. On average, 2.5 people live in a home with about 5.4 rooms, staying for about 18.0 years on average.
Holmes County, MS Housing Compared With Nearby Counties
How Holmes County, MS compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Holmes County, MS | 16,191 | $158,125 #2/2 | $589 #2/2 | 61.0% #2/2 |
| Madison County, MS | 111,640 | $212,500 | $1,185 | 71.3% |
Frequently Asked Questions
Common questions about the housing market in Holmes County, Mississippi.
What is the median home price in Holmes County, Mississippi?
The median home price in Holmes County, Mississippi is $158,125, higher than the Mississippi average of $130,069.
What is the average home price in Holmes County, Mississippi?
The typical home price in Holmes County, Mississippi, reported as the median sale price, is $158,125. 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 Holmes County, Mississippi?
The median gross rent in Holmes County, Mississippi is $589 per month, lower than the Mississippi average of $954.
What was the median gross rent in Holmes County in 2020?
In 2020, the median gross rent in Holmes County, Mississippi was $507 per month.
What is the price-to-rent ratio in Holmes County, Mississippi?
The price-to-rent ratio in Holmes County, Mississippi is about 22.4, meaning it would take roughly 22.4 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 Holmes County.
Are home prices or rent rising faster in Holmes County, Mississippi?
Both home prices and rent are rising in Holmes County, up about 55.6% and 2.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Holmes County, Mississippi?
49.5% of households in Holmes County, Mississippi own their home, lower than the Mississippi average of 59.8%.
What is the vacancy rate in Holmes County, Mississippi?
The housing vacancy rate in Holmes County, Mississippi is 18.9%, 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 →