Pontotoc County, Mississippi Housing Market Prices
Pontotoc 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 26% below the Mississippi median$95,972
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Median rent 9% below the Mississippi median$863
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Pontotoc County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $95,972 | $130,069 | $248,835 |
| Price Trend (Annual %) | 3.6% | 5.6% | 7.5% |
| Median Gross Rent | $863 | $954 | $1,407 |
| Rent Trend (Annual %) | 3.6% | 3.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Pontotoc County is about 26% lower than in Mississippi. Rent is about 9% 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 Pontotoc County, up about 3.6% and 3.6% a year respectively. Home prices are changing faster.
Median rent in Pontotoc County rose about 38.9% between 2015 and 2024, from $622 to $863. Over the same span, rent in Mississippi rose about 33.2%.
Affordability
On average, housing unit costs 1.8 yearly household incomes in Pontotoc County.
Buying the median-priced home in Pontotoc County costs roughly 9.3 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 Pontotoc County. The price-to-rent ratio in Mississippi is about 11.4.
| Metric | Pontotoc County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $95,972 | $130,069 | $248,835 |
| Median Household Income | $52,298 | $56,669 | $80,455 |
| Price-to-Income Ratio | 1.8 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Pontotoc County rose about 59.5%, while median household income rose about 29.5% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Pontotoc County | Mississippi Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 58.0% | 59.8% | 58.5% |
| Rental Rate | 25.1% | 25.6% | 31.2% |
| Vacancy Rate | 16.9% | 14.6% | 10.2% |
| Median Tenure (years) | 16.0 | 16.0 | 15.0 |
| Median Year Moved In | 2010 | 2010 | 2011 |
Pontotoc County has a homeownership rate of 58.0%, lower than the Mississippi average of 59.8%. Its housing vacancy rate is 16.9%, compared with 14.6% in Mississippi.
Housing Stock
| Metric | Pontotoc County | Mississippi Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.65 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1990 | 1986 | 1978 |
| Median Number of Rooms | 5.9 | 5.7 | 5.5 |
The typical housing unit in Pontotoc County was built around 1990. On average, 2.6 people live in a home with about 5.9 rooms, staying for about 16.0 years on average.
Pontotoc County, MS Housing Compared With Nearby Counties
Pontotoc County, MS is the 3rd largest of the 4 counties compared here, 31,525 residents against a local median of 58,327. Pontotoc County, MS's median home price, at $95,972, runs 41% below the $162,980 typical of the counties around it.
The counties themselves spread $168,311 on median home price, so Pontotoc County, MS sits at one end of an already wide local range rather than apart from it. Pontotoc County, MS has the 3rd highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Pontotoc County, MS | 31,525 | $95,972 #3/4 | $863 #3/4 | 69.8% #3/4 |
| Lee County, MS | 83,034 | $162,980 | $956 | 70.8% |
| Calhoun County, MS | 12,852 | $49,294 | $663 | 72.2% |
| Lafayette County, MS | 58,327 | $217,605 | $1,085 | 63.8% |
Frequently Asked Questions
Common questions about the housing market in Pontotoc County, Mississippi.
What is the median home price in Pontotoc County, Mississippi?
The median home price in Pontotoc County, Mississippi is $95,972, lower than the Mississippi average of $130,069.
What is the average home price in Pontotoc County, Mississippi?
The typical home price in Pontotoc County, Mississippi, reported as the median sale price, is $95,972. 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 Pontotoc County, Mississippi?
The median gross rent in Pontotoc County, Mississippi is $863 per month, lower than the Mississippi average of $954.
What was the median gross rent in Pontotoc County in 2020?
In 2020, the median gross rent in Pontotoc County, Mississippi was $739 per month.
What is the price-to-rent ratio in Pontotoc County, Mississippi?
The price-to-rent ratio in Pontotoc County, Mississippi is about 9.3, meaning it would take roughly 9.3 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 Pontotoc County.
Are home prices or rent rising faster in Pontotoc County, Mississippi?
Both home prices and rent are rising in Pontotoc County, up about 3.6% and 3.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Pontotoc County, Mississippi?
58.0% of households in Pontotoc County, Mississippi own their home, lower than the Mississippi average of 59.8%.
What is the vacancy rate in Pontotoc County, Mississippi?
The housing vacancy rate in Pontotoc County, Mississippi is 16.9%, higher than the Mississippi average of 14.6%.
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