Perry County, Mississippi Housing Market Prices
Perry 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 77% below the Mississippi median Cheaper than 81% of counties in Mississippi$30,000
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Median rent 21% below the Mississippi median$754
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Perry County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $30,000 | $130,069 | $248,835 |
| Price Trend (Annual %) | 4.4% | 5.6% | 7.5% |
| Median Gross Rent | $754 | $954 | $1,407 |
| Rent Trend (Annual %) | 3.2% | 3.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Perry County is about 77% lower than in Mississippi. Rent is about 21% lower than the Mississippi average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2021
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Perry County, up about 4.4% and 3.2% a year respectively. Home prices are changing faster.
Median rent in Perry County rose about 36.3% between 2015 and 2024, from $553 to $754. Over the same span, rent in Mississippi rose about 33.2%.
Affordability
On average, housing unit costs 0.6 yearly household incomes in Perry County.
Buying the median-priced home in Perry County costs roughly 3.3 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 Perry County. The price-to-rent ratio in Mississippi is about 11.4.
| Metric | Perry County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $30,000 | $130,069 | $248,835 |
| Median Household Income | $49,525 | $56,669 | $80,455 |
| Price-to-Income Ratio | 0.6 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2021, the median home price in Perry County fell about 80.1%, while median household income rose about 38.0% 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 | Perry County | Mississippi Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 68.9% | 59.8% | 58.5% |
| Rental Rate | 15.6% | 25.6% | 31.2% |
| Vacancy Rate | 15.5% | 14.6% | 10.2% |
| Median Tenure (years) | 18.0 | 16.0 | 15.0 |
| Median Year Moved In | 2008 | 2010 | 2011 |
Perry County has a homeownership rate of 68.9%, higher than the Mississippi average of 59.8%. Its housing vacancy rate is 15.5%, compared with 14.6% in Mississippi.
Housing Stock
| Metric | Perry County | Mississippi Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.44 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1993 | 1986 | 1978 |
| Median Number of Rooms | 5.7 | 5.7 | 5.5 |
The typical housing unit in Perry County was built around 1993. On average, 2.4 people live in a home with about 5.7 rooms, staying for about 18.0 years on average.
Perry County, MS Housing Compared With Nearby Counties
How Perry County, MS compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Perry County, MS | 11,449 | $30,000 #3/3 | $754 #3/3 | 81.5% #1/3 |
| Forrest County, MS | 78,271 | $258,536 | $972 | 57.2% |
| Jones County, MS | 66,472 | $43,367 | $868 | 75.1% |
Frequently Asked Questions
Common questions about the housing market in Perry County, Mississippi.
What is the median home price in Perry County, Mississippi?
The median home price in Perry County, Mississippi is $30,000, lower than the Mississippi average of $130,069.
What is the average home price in Perry County, Mississippi?
The typical home price in Perry County, Mississippi, reported as the median sale price, is $30,000. 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 Perry County, Mississippi?
The median gross rent in Perry County, Mississippi is $754 per month, lower than the Mississippi average of $954.
What was the median gross rent in Perry County in 2020?
In 2020, the median gross rent in Perry County, Mississippi was $622 per month.
What is the price-to-rent ratio in Perry County, Mississippi?
The price-to-rent ratio in Perry County, Mississippi is about 3.3, meaning it would take roughly 3.3 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 Perry County.
Are home prices or rent rising faster in Perry County, Mississippi?
Both home prices and rent are rising in Perry County, up about 4.4% and 3.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Perry County, Mississippi?
68.9% of households in Perry County, Mississippi own their home, higher than the Mississippi average of 59.8%.
What is the vacancy rate in Perry County, Mississippi?
The housing vacancy rate in Perry County, Mississippi is 15.5%, higher than the Mississippi average of 14.6%.
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