Jasper County, Mississippi Housing Market Prices
Jasper 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 73% below the Mississippi median Cheaper than 76% of counties in Mississippi$35,338
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Median rent 24% below the Mississippi median$723
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Jasper County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $35,338 | $130,069 | $248,835 |
| Price Trend (Annual %) | 227.0% | 5.6% | 7.5% |
| Median Gross Rent | $723 | $954 | $1,407 |
| Rent Trend (Annual %) | 1.3% | 3.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Jasper County is about 73% lower than in Mississippi. Rent is about 24% 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 Jasper County, up about 227.0% and 1.3% a year respectively. Home prices are changing faster.
Median rent in Jasper County rose about 2.2% between 2015 and 2024, from $708 to $723. Over the same span, rent in Mississippi rose about 33.2%.
Affordability
On average, housing unit costs 0.7 yearly household incomes in Jasper County.
Buying the median-priced home in Jasper County costs roughly 4.1 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 Jasper County. The price-to-rent ratio in Mississippi is about 11.4.
| Metric | Jasper County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $35,338 | $130,069 | $248,835 |
| Median Household Income | $48,278 | $56,669 | $80,455 |
| Price-to-Income Ratio | 0.7 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Jasper County rose about 443.6%, while median household income rose about 50.4% 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 | Jasper County | Mississippi Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 67.1% | 59.8% | 58.5% |
| Rental Rate | 14.6% | 25.6% | 31.2% |
| Vacancy Rate | 18.3% | 14.6% | 10.2% |
| Median Tenure (years) | 22.0 | 16.0 | 15.0 |
| Median Year Moved In | 2004 | 2010 | 2011 |
Jasper County has a homeownership rate of 67.1%, higher than the Mississippi average of 59.8%. Its housing vacancy rate is 18.3%, compared with 14.6% in Mississippi.
Housing Stock
| Metric | Jasper County | Mississippi Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.40 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1989 | 1986 | 1978 |
| Median Number of Rooms | 6.3 | 5.7 | 5.5 |
The typical housing unit in Jasper County was built around 1989. On average, 2.4 people live in a home with about 6.3 rooms, staying for about 22.0 years on average.
Jasper County, MS Housing Compared With Nearby Counties
How Jasper County, MS compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Jasper County, MS | 16,059 | $35,338 #3/3 | $723 #3/3 | 82.1% #2/3 |
| Jones County, MS | 66,472 | $43,367 | $868 | 75.1% |
| Wayne County, MS | 19,718 | $50,595 | $783 | 85.3% |
Frequently Asked Questions
Common questions about the housing market in Jasper County, Mississippi.
What is the median home price in Jasper County, Mississippi?
The median home price in Jasper County, Mississippi is $35,338, lower than the Mississippi average of $130,069.
What is the average home price in Jasper County, Mississippi?
The typical home price in Jasper County, Mississippi, reported as the median sale price, is $35,338. 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 Jasper County, Mississippi?
The median gross rent in Jasper County, Mississippi is $723 per month, lower than the Mississippi average of $954.
What was the median gross rent in Jasper County in 2020?
In 2020, the median gross rent in Jasper County, Mississippi was $645 per month.
What is the price-to-rent ratio in Jasper County, Mississippi?
The price-to-rent ratio in Jasper County, Mississippi is about 4.1, meaning it would take roughly 4.1 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 Jasper County.
Are home prices or rent rising faster in Jasper County, Mississippi?
Both home prices and rent are rising in Jasper County, up about 227.0% and 1.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Jasper County, Mississippi?
67.1% of households in Jasper County, Mississippi own their home, higher than the Mississippi average of 59.8%.
What is the vacancy rate in Jasper County, Mississippi?
The housing vacancy rate in Jasper County, Mississippi is 18.3%, higher than the Mississippi average of 14.6%.
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