Pearl River County, Mississippi Housing Market Prices
Pearl River 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 59% above the Mississippi median More expensive than 75% of counties in Mississippi$207,108
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Median rent 5% below the Mississippi median More expensive than 78% of counties in Mississippi$906
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Pearl River County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $207,108 | $130,069 | $248,835 |
| Price Trend (Annual %) | 6.4% | 5.6% | 7.5% |
| Median Gross Rent | $906 | $954 | $1,407 |
| Rent Trend (Annual %) | 2.7% | 3.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Pearl River County is about 59% higher than in Mississippi. Rent is about 5% 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 Pearl River County, up about 6.4% and 2.7% a year respectively. Home prices are changing faster.
Median rent in Pearl River County rose about 15.3% between 2015 and 2024, from $786 to $906. Over the same span, rent in Mississippi rose about 33.2%.
Affordability
On average, housing unit costs 3.5 yearly household incomes in Pearl River County.
Buying the median-priced home in Pearl River County costs roughly 19.0 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Pearl River County. The price-to-rent ratio in Mississippi is about 11.4.
| Metric | Pearl River County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $207,108 | $130,069 | $248,835 |
| Median Household Income | $58,730 | $56,669 | $80,455 |
| Price-to-Income Ratio | 3.5 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Pearl River County rose about 35.9%, while median household income rose about 46.7% 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 | Pearl River County | Mississippi Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 69.1% | 59.8% | 58.5% |
| Rental Rate | 16.9% | 25.6% | 31.2% |
| Vacancy Rate | 14.0% | 14.6% | 10.2% |
| Median Tenure (years) | 17.0 | 16.0 | 15.0 |
| Median Year Moved In | 2009 | 2010 | 2011 |
Pearl River County has a homeownership rate of 69.1%, higher than the Mississippi average of 59.8%. Its housing vacancy rate is 14.0%, compared with 14.6% in Mississippi.
Housing Stock
| Metric | Pearl River County | Mississippi Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.57 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1989 | 1986 | 1978 |
| Median Number of Rooms | 5.6 | 5.7 | 5.5 |
The typical housing unit in Pearl River County was built around 1989. On average, 2.6 people live in a home with about 5.6 rooms, staying for about 17.0 years on average.
Pearl River County, MS Housing Compared With Nearby Counties
Pearl River County, MS is typical in size for this group, 57,458 residents against a local median of 55,932, so the measures below are close to a like for like comparison. Pearl River County, MS's median home price, at $207,108, runs 23% above the $168,128 typical of the counties around it.
The counties themselves spread $103,587 on median home price, so Pearl River County, MS sits at one end of an already wide local range rather than apart from it. Pearl River County, MS has the 2nd highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Pearl River County, MS | 57,458 | $207,108 #2/5 | $906 #4/5 | 80.4% #1/5 |
| Hancock County, MS | 46,167 | $168,303 | $976 | 79.2% |
| Lamar County, MS | 65,698 | $167,954 | $1,126 | 69.5% |
| Washington Parish, LA | 45,116 | $118,749 | $774 | 69.3% |
| St. Tammany Parish, LA | 272,409 | $222,336 | $1,331 | 78.9% |
Frequently Asked Questions
Common questions about the housing market in Pearl River County, Mississippi.
What is the median home price in Pearl River County, Mississippi?
The median home price in Pearl River County, Mississippi is $207,108, higher than the Mississippi average of $130,069.
What is the average home price in Pearl River County, Mississippi?
The typical home price in Pearl River County, Mississippi, reported as the median sale price, is $207,108. 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 Pearl River County, Mississippi?
The median gross rent in Pearl River County, Mississippi is $906 per month, lower than the Mississippi average of $954.
What was the median gross rent in Pearl River County in 2020?
In 2020, the median gross rent in Pearl River County, Mississippi was $804 per month.
What is the price-to-rent ratio in Pearl River County, Mississippi?
The price-to-rent ratio in Pearl River County, Mississippi is about 19.0, meaning it would take roughly 19.0 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Pearl River County.
Are home prices or rent rising faster in Pearl River County, Mississippi?
Both home prices and rent are rising in Pearl River County, up about 6.4% and 2.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Pearl River County, Mississippi?
69.1% of households in Pearl River County, Mississippi own their home, higher than the Mississippi average of 59.8%.
What is the vacancy rate in Pearl River County, Mississippi?
The housing vacancy rate in Pearl River County, Mississippi is 14.0%, lower than the Mississippi average of 14.6%.
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