Kemper County, Mississippi Housing Market Prices
Kemper 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 50% below the Mississippi median$64,500
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Median rent 29% below the Mississippi median Cheaper than 77% of counties in Mississippi$676
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Kemper County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $64,500 | $130,069 | $248,835 |
| Price Trend (Annual %) | 8.2% | 5.6% | 7.5% |
| Median Gross Rent | $676 | $954 | $1,407 |
| Rent Trend (Annual %) | 7.7% | 3.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Kemper County is about 50% lower than in Mississippi. Rent is about 29% lower than the Mississippi average.
Median Home and Rent Price Trends
Median Home Prices, 2019-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Kemper County, up about 8.2% and 7.7% a year respectively. Home prices are changing faster.
Median rent in Kemper County rose about 39.5% between 2015 and 2024, from $485 to $676. Over the same span, rent in Mississippi rose about 33.2%.
Affordability
On average, housing unit costs 1.4 yearly household incomes in Kemper County.
Buying the median-priced home in Kemper County costs roughly 7.9 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 Kemper County. The price-to-rent ratio in Mississippi is about 11.4.
| Metric | Kemper County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $64,500 | $130,069 | $248,835 |
| Median Household Income | $46,505 | $56,669 | $80,455 |
| Price-to-Income Ratio | 1.4 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2019 and 2024, the median home price in Kemper County rose about 45.9%, while median household income rose about 33.3% 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 | Kemper County | Mississippi Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 64.5% | 59.8% | 58.5% |
| Rental Rate | 17.1% | 25.6% | 31.2% |
| Vacancy Rate | 18.4% | 14.6% | 10.2% |
| Median Tenure (years) | 19.0 | 16.0 | 15.0 |
| Median Year Moved In | 2007 | 2010 | 2011 |
Kemper County has a homeownership rate of 64.5%, higher than the Mississippi average of 59.8%. Its housing vacancy rate is 18.4%, compared with 14.6% in Mississippi.
Housing Stock
| Metric | Kemper County | Mississippi Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.47 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1985 | 1986 | 1978 |
| Median Number of Rooms | 5.4 | 5.7 | 5.5 |
The typical housing unit in Kemper County was built around 1985. On average, 2.5 people live in a home with about 5.4 rooms, staying for about 19.0 years on average.
Kemper County, MS Housing Compared With Nearby Counties
How Kemper County, MS compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Kemper County, MS | 8,729 | $64,500 #3/3 | $676 #3/3 | 79.0% #1/3 |
| Lauderdale County, MS | 71,502 | $120,425 | $952 | 65.1% |
| Neshoba County, MS | 28,932 | $152,027 | $839 | 78.1% |
Frequently Asked Questions
Common questions about the housing market in Kemper County, Mississippi.
What is the median home price in Kemper County, Mississippi?
The median home price in Kemper County, Mississippi is $64,500, lower than the Mississippi average of $130,069.
What is the average home price in Kemper County, Mississippi?
The typical home price in Kemper County, Mississippi, reported as the median sale price, is $64,500. 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 Kemper County, Mississippi?
The median gross rent in Kemper County, Mississippi is $676 per month, lower than the Mississippi average of $954.
What was the median gross rent in Kemper County in 2020?
In 2020, the median gross rent in Kemper County, Mississippi was $380 per month.
What is the price-to-rent ratio in Kemper County, Mississippi?
The price-to-rent ratio in Kemper County, Mississippi is about 7.9, meaning it would take roughly 7.9 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 Kemper County.
Are home prices or rent rising faster in Kemper County, Mississippi?
Both home prices and rent are rising in Kemper County, up about 8.2% and 7.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Kemper County, Mississippi?
64.5% of households in Kemper County, Mississippi own their home, higher than the Mississippi average of 59.8%.
What is the vacancy rate in Kemper County, Mississippi?
The housing vacancy rate in Kemper County, Mississippi is 18.4%, higher than the Mississippi average of 14.6%.
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