Prentiss County, Mississippi Housing Market Prices
Prentiss 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 79% below the Mississippi median Cheaper than 83% of counties in Mississippi$27,500
-
Median rent 33% below the Mississippi median Cheaper than 94% of counties in Mississippi$636
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Prentiss County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $27,500 | $130,069 | $248,835 |
| Price Trend (Annual %) | -1.3% | 5.6% | 7.5% |
| Median Gross Rent | $636 | $954 | $1,407 |
| Rent Trend (Annual %) | 1.4% | 3.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Prentiss County is about 79% 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
Home prices and rent are moving in opposite directions in Prentiss County: home prices fell about 1.3% a year while rent rose about 1.4% a year. That is an unusual pattern worth watching.
Median rent in Prentiss County rose about 16.4% between 2015 and 2024, from $546 to $636. Over the same span, rent in Mississippi rose about 33.2%.
Affordability
On average, housing unit costs 0.6 yearly household incomes in Prentiss County.
Buying the median-priced home in Prentiss County costs roughly 3.6 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 Prentiss County. The price-to-rent ratio in Mississippi is about 11.4.
| Metric | Prentiss County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $27,500 | $130,069 | $248,835 |
| Median Household Income | $49,651 | $56,669 | $80,455 |
| Price-to-Income Ratio | 0.6 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Prentiss County fell about 53.3%, while median household income rose about 57.4% 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 | Prentiss County | Mississippi Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 67.3% | 59.8% | 58.5% |
| Rental Rate | 19.5% | 25.6% | 31.2% |
| Vacancy Rate | 13.2% | 14.6% | 10.2% |
| Median Tenure (years) | 19.0 | 16.0 | 15.0 |
| Median Year Moved In | 2007 | 2010 | 2011 |
Prentiss County has a homeownership rate of 67.3%, higher than the Mississippi average of 59.8%. Its housing vacancy rate is 13.2%, compared with 14.6% in Mississippi.
Housing Stock
| Metric | Prentiss County | Mississippi Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.51 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 Prentiss County was built around 1984. On average, 2.5 people live in a home with about 5.9 rooms, staying for about 19.0 years on average.
Prentiss County, MS Housing Compared With Nearby Counties
How Prentiss County, MS compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Prentiss County, MS | 25,184 | $27,500 #2/2 | $636 #2/2 | 77.5% #1/2 |
| Lee County, MS | 83,034 | $162,980 | $956 | 70.8% |
Frequently Asked Questions
Common questions about the housing market in Prentiss County, Mississippi.
What is the median home price in Prentiss County, Mississippi?
The median home price in Prentiss County, Mississippi is $27,500, lower than the Mississippi average of $130,069.
What is the average home price in Prentiss County, Mississippi?
The typical home price in Prentiss County, Mississippi, reported as the median sale price, is $27,500. 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 Prentiss County, Mississippi?
The median gross rent in Prentiss County, Mississippi is $636 per month, lower than the Mississippi average of $954.
What was the median gross rent in Prentiss County in 2020?
In 2020, the median gross rent in Prentiss County, Mississippi was $539 per month.
What is the price-to-rent ratio in Prentiss County, Mississippi?
The price-to-rent ratio in Prentiss County, Mississippi is about 3.6, meaning it would take roughly 3.6 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 Prentiss County.
Are home prices or rent rising faster in Prentiss County, Mississippi?
Home prices and rent are moving in opposite directions in Prentiss County: home prices fell about 1.3% a year while rent rose about 1.4% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Prentiss County, Mississippi?
67.3% of households in Prentiss County, Mississippi own their home, higher than the Mississippi average of 59.8%.
What is the vacancy rate in Prentiss County, Mississippi?
The housing vacancy rate in Prentiss County, Mississippi is 13.2%, lower 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 →