Oktibbeha County, Mississippi Housing Market Prices
Oktibbeha 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 94% below the Mississippi median Cheaper than 94% of counties in Mississippi$7,499
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Median rent 4% below the Mississippi median More expensive than 79% of counties in Mississippi$915
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Oktibbeha County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $7,499 | $130,069 | $248,835 |
| Price Trend (Annual %) | -10.8% | 5.6% | 7.5% |
| Median Gross Rent | $915 | $954 | $1,407 |
| Rent Trend (Annual %) | 2.9% | 3.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Oktibbeha County is about 94% lower than in Mississippi. Rent is about 4% lower than the Mississippi average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Oktibbeha County: home prices fell about 10.8% a year while rent rose about 2.9% a year. That is an unusual pattern worth watching.
Median rent in Oktibbeha County rose about 27.9% between 2015 and 2024, from $716 to $915. Over the same span, rent in Mississippi rose about 33.2%.
Affordability
On average, housing unit costs 0.2 yearly household incomes in Oktibbeha County.
Buying the median-priced home in Oktibbeha County costs roughly 0.7 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 Oktibbeha County. The price-to-rent ratio in Mississippi is about 11.4.
| Metric | Oktibbeha County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $7,499 | $130,069 | $248,835 |
| Median Household Income | $46,668 | $56,669 | $80,455 |
| Price-to-Income Ratio | 0.2 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Oktibbeha County fell about 88.5%, while median household income rose about 65.2% 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 | Oktibbeha County | Mississippi Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 40.9% | 59.8% | 58.5% |
| Rental Rate | 44.4% | 25.6% | 31.2% |
| Vacancy Rate | 14.7% | 14.6% | 10.2% |
| Median Tenure (years) | 13.0 | 16.0 | 15.0 |
| Median Year Moved In | 2013 | 2010 | 2011 |
Oktibbeha County has a homeownership rate of 40.9%, lower than the Mississippi average of 59.8%. Its housing vacancy rate is 14.7%, compared with 14.6% in Mississippi.
Housing Stock
| Metric | Oktibbeha County | Mississippi Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.10 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1992 | 1986 | 1978 |
| Median Number of Rooms | 5.1 | 5.7 | 5.5 |
The typical housing unit in Oktibbeha County was built around 1992. On average, 2.1 people live in a home with about 5.1 rooms, staying for about 13.0 years on average.
Oktibbeha County, MS Housing Compared With Nearby Counties
How Oktibbeha County, MS compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Oktibbeha County, MS | 51,791 | $7,499 #2/2 | $915 #2/2 | 48.0% #2/2 |
| Lowndes County, MS | 57,838 | $132,386 | $930 | 61.3% |
Frequently Asked Questions
Common questions about the housing market in Oktibbeha County, Mississippi.
What is the median home price in Oktibbeha County, Mississippi?
The median home price in Oktibbeha County, Mississippi is $7,499, lower than the Mississippi average of $130,069.
What is the average home price in Oktibbeha County, Mississippi?
The typical home price in Oktibbeha County, Mississippi, reported as the median sale price, is $7,499. 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 Oktibbeha County, Mississippi?
The median gross rent in Oktibbeha County, Mississippi is $915 per month, lower than the Mississippi average of $954.
What was the median gross rent in Oktibbeha County in 2020?
In 2020, the median gross rent in Oktibbeha County, Mississippi was $795 per month.
What is the price-to-rent ratio in Oktibbeha County, Mississippi?
The price-to-rent ratio in Oktibbeha County, Mississippi is about 0.7, meaning it would take roughly 0.7 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 Oktibbeha County.
Are home prices or rent rising faster in Oktibbeha County, Mississippi?
Home prices and rent are moving in opposite directions in Oktibbeha County: home prices fell about 10.8% a year while rent rose about 2.9% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Oktibbeha County, Mississippi?
40.9% of households in Oktibbeha County, Mississippi own their home, lower than the Mississippi average of 59.8%.
What is the vacancy rate in Oktibbeha County, Mississippi?
The housing vacancy rate in Oktibbeha County, Mississippi is 14.7%, higher than the Mississippi average of 14.6%.
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