Newton County, Mississippi Housing Market Prices
Newton 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 24% below the Mississippi median$98,332
-
Median rent 33% below the Mississippi median Cheaper than 93% of counties in Mississippi$637
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Newton County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $98,332 | $130,069 | $248,835 |
| Price Trend (Annual %) | 12.9% | 5.6% | 7.5% |
| Median Gross Rent | $637 | $954 | $1,407 |
| Rent Trend (Annual %) | 0.7% | 3.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Newton County is about 24% lower than in Mississippi. Rent is about 33% 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 Newton County, up about 12.9% and 0.7% a year respectively. Home prices are changing faster.
Median rent in Newton County rose about 2.8% between 2015 and 2024, from $620 to $637. Over the same span, rent in Mississippi rose about 33.2%.
Affordability
On average, housing unit costs 1.9 yearly household incomes in Newton County.
Buying the median-priced home in Newton County costs roughly 12.9 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 Newton County. The price-to-rent ratio in Mississippi is about 11.4.
| Metric | Newton County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $98,332 | $130,069 | $248,835 |
| Median Household Income | $50,437 | $56,669 | $80,455 |
| Price-to-Income Ratio | 1.9 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Newton County rose about 14.2%, while median household income rose about 37.9% 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 | Newton County | Mississippi Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.6% | 59.8% | 58.5% |
| Rental Rate | 17.6% | 25.6% | 31.2% |
| Vacancy Rate | 15.8% | 14.6% | 10.2% |
| Median Tenure (years) | 18.0 | 16.0 | 15.0 |
| Median Year Moved In | 2008 | 2010 | 2011 |
Newton County has a homeownership rate of 66.6%, higher than the Mississippi average of 59.8%. Its housing vacancy rate is 15.8%, compared with 14.6% in Mississippi.
Housing Stock
| Metric | Newton County | Mississippi Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.62 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1984 | 1986 | 1978 |
| Median Number of Rooms | 5.9 | 5.7 | 5.5 |
The typical housing unit in Newton County was built around 1984. On average, 2.6 people live in a home with about 5.9 rooms, staying for about 18.0 years on average.
Newton County, MS Housing Compared With Nearby Counties
Newton County, MS is the smallest of the 4 counties compared here, 21,093 residents against a local median of 28,932. Newton County, MS's median rent, at $637, runs 28% below the $887 typical of the counties around it.
Median home price tells the same story from another angle: $98,332 against a local median of $120,425, 18% below it. The counties themselves sit within $113 of each other on median rent, a tighter band than the gap between any of them and Newton County, MS, which makes it a genuine outlier here rather than one end of a wide local spread. Newton County, MS has the 4th highest median rent of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Newton County, MS | 21,093 | $98,332 #3/4 | $637 #4/4 | 79.1% #1/4 |
| Neshoba County, MS | 28,932 | $152,027 | $839 | 78.1% |
| Scott County, MS | 27,718 | $34,321 | $887 | 71.3% |
| Lauderdale County, MS | 71,502 | $120,425 | $952 | 65.1% |
Frequently Asked Questions
Common questions about the housing market in Newton County, Mississippi.
What is the median home price in Newton County, Mississippi?
The median home price in Newton County, Mississippi is $98,332, lower than the Mississippi average of $130,069.
What is the average home price in Newton County, Mississippi?
The typical home price in Newton County, Mississippi, reported as the median sale price, is $98,332. 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 Newton County, Mississippi?
The median gross rent in Newton County, Mississippi is $637 per month, lower than the Mississippi average of $954.
What was the median gross rent in Newton County in 2020?
In 2020, the median gross rent in Newton County, Mississippi was $632 per month.
What is the price-to-rent ratio in Newton County, Mississippi?
The price-to-rent ratio in Newton County, Mississippi is about 12.9, meaning it would take roughly 12.9 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 Newton County.
Are home prices or rent rising faster in Newton County, Mississippi?
Both home prices and rent are rising in Newton County, up about 12.9% and 0.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Newton County, Mississippi?
66.6% of households in Newton County, Mississippi own their home, higher than the Mississippi average of 59.8%.
What is the vacancy rate in Newton County, Mississippi?
The housing vacancy rate in Newton County, Mississippi is 15.8%, 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 →