Marion County, Mississippi Housing Market Prices
Marion 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 5% below the Mississippi median$124,166
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Median rent 14% below the Mississippi median$818
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Marion County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $124,166 | $130,069 | $248,835 |
| Price Trend (Annual %) | 8.8% | 5.6% | 7.5% |
| Median Gross Rent | $818 | $954 | $1,407 |
| Rent Trend (Annual %) | 3.9% | 3.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Marion County is about 5% lower than in Mississippi. Rent is about 14% 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 Marion County, up about 8.8% and 3.9% a year respectively. Home prices are changing faster.
Median rent in Marion County rose about 33.6% between 2015 and 2024, from $612 to $818. Over the same span, rent in Mississippi rose about 33.2%.
Affordability
On average, housing unit costs 2.8 yearly household incomes in Marion County.
Buying the median-priced home in Marion County costs roughly 12.6 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 Marion County. The price-to-rent ratio in Mississippi is about 11.4.
| Metric | Marion County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $124,166 | $130,069 | $248,835 |
| Median Household Income | $45,107 | $56,669 | $80,455 |
| Price-to-Income Ratio | 2.8 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Marion County fell about 6.5%, while median household income rose about 32.4% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Marion County | Mississippi Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 63.1% | 59.8% | 58.5% |
| Rental Rate | 18.6% | 25.6% | 31.2% |
| Vacancy Rate | 18.3% | 14.6% | 10.2% |
| Median Tenure (years) | 20.0 | 16.0 | 15.0 |
| Median Year Moved In | 2006 | 2010 | 2011 |
Marion County has a homeownership rate of 63.1%, higher than the Mississippi average of 59.8%. Its housing vacancy rate is 18.3%, compared with 14.6% in Mississippi.
Housing Stock
| Metric | Marion County | Mississippi Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.58 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1982 | 1986 | 1978 |
| Median Number of Rooms | 5.8 | 5.7 | 5.5 |
The typical housing unit in Marion County was built around 1982. On average, 2.6 people live in a home with about 5.8 rooms, staying for about 20.0 years on average.
Marion County, MS Housing Compared With Nearby Counties
How Marion County, MS compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Marion County, MS | 24,193 | $124,166 #2/3 | $818 #2/3 | 77.2% #1/3 |
| Lamar County, MS | 65,698 | $167,954 | $1,126 | 69.5% |
| Washington Parish, LA | 45,116 | $118,749 | $774 | 69.3% |
Frequently Asked Questions
Common questions about the housing market in Marion County, Mississippi.
What is the median home price in Marion County, Mississippi?
The median home price in Marion County, Mississippi is $124,166, lower than the Mississippi average of $130,069.
What is the average home price in Marion County, Mississippi?
The typical home price in Marion County, Mississippi, reported as the median sale price, is $124,166. 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 Marion County, Mississippi?
The median gross rent in Marion County, Mississippi is $818 per month, lower than the Mississippi average of $954.
What was the median gross rent in Marion County in 2020?
In 2020, the median gross rent in Marion County, Mississippi was $547 per month.
What is the price-to-rent ratio in Marion County, Mississippi?
The price-to-rent ratio in Marion County, Mississippi is about 12.6, meaning it would take roughly 12.6 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 Marion County.
Are home prices or rent rising faster in Marion County, Mississippi?
Both home prices and rent are rising in Marion County, up about 8.8% and 3.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Marion County, Mississippi?
63.1% of households in Marion County, Mississippi own their home, higher than the Mississippi average of 59.8%.
What is the vacancy rate in Marion County, Mississippi?
The housing vacancy rate in Marion County, Mississippi is 18.3%, higher than the Mississippi average of 14.6%.
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