Quitman County, Mississippi Housing Market Prices
Quitman 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 57% below the Mississippi median$55,869
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Median rent 30% below the Mississippi median Cheaper than 79% of counties in Mississippi$671
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Quitman County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $55,869 | $130,069 | $248,835 |
| Price Trend (Annual %) | 21.5% | 5.6% | 7.5% |
| Median Gross Rent | $671 | $954 | $1,407 |
| Rent Trend (Annual %) | 2.1% | 3.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Quitman County is about 57% lower than in Mississippi. Rent is about 30% 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 Quitman County, up about 21.5% and 2.1% a year respectively. Home prices are changing faster.
Median rent in Quitman County rose about 10.1% between 2015 and 2024, from $609 to $671. Over the same span, rent in Mississippi rose about 33.2%.
Affordability
On average, housing unit costs 1.7 yearly household incomes in Quitman County.
Buying the median-priced home in Quitman County costs roughly 6.9 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 Quitman County. The price-to-rent ratio in Mississippi is about 11.4.
| Metric | Quitman County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $55,869 | $130,069 | $248,835 |
| Median Household Income | $33,392 | $56,669 | $80,455 |
| Price-to-Income Ratio | 1.7 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Quitman County rose about 104.2%, while median household income rose about 20.7% 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 | Quitman County | Mississippi Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 56.5% | 59.8% | 58.5% |
| Rental Rate | 30.9% | 25.6% | 31.2% |
| Vacancy Rate | 12.7% | 14.6% | 10.2% |
| Median Tenure (years) | 17.0 | 16.0 | 15.0 |
| Median Year Moved In | 2009 | 2010 | 2011 |
Quitman County has a homeownership rate of 56.5%, lower than the Mississippi average of 59.8%. Its housing vacancy rate is 12.7%, compared with 14.6% in Mississippi.
Housing Stock
| Metric | Quitman County | Mississippi Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.13 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1973 | 1986 | 1978 |
| Median Number of Rooms | 6.0 | 5.7 | 5.5 |
The typical housing unit in Quitman County was built around 1973. On average, 2.1 people live in a home with about 6.0 rooms, staying for about 17.0 years on average.
Quitman County, MS Housing Compared With Nearby Counties
How Quitman County, MS compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Quitman County, MS | 5,774 | $55,869 #2/3 | $671 #3/3 | 64.7% #2/3 |
| Tallahatchie County, MS | 11,764 | $108,571 | $731 | 64.5% |
| Panola County, MS | 32,808 | $34,404 | $874 | 71.1% |
Frequently Asked Questions
Common questions about the housing market in Quitman County, Mississippi.
What is the median home price in Quitman County, Mississippi?
The median home price in Quitman County, Mississippi is $55,869, lower than the Mississippi average of $130,069.
What is the average home price in Quitman County, Mississippi?
The typical home price in Quitman County, Mississippi, reported as the median sale price, is $55,869. 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 Quitman County, Mississippi?
The median gross rent in Quitman County, Mississippi is $671 per month, lower than the Mississippi average of $954.
What was the median gross rent in Quitman County in 2020?
In 2020, the median gross rent in Quitman County, Mississippi was $534 per month.
What is the price-to-rent ratio in Quitman County, Mississippi?
The price-to-rent ratio in Quitman County, Mississippi is about 6.9, meaning it would take roughly 6.9 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 Quitman County.
Are home prices or rent rising faster in Quitman County, Mississippi?
Both home prices and rent are rising in Quitman County, up about 21.5% and 2.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Quitman County, Mississippi?
56.5% of households in Quitman County, Mississippi own their home, lower than the Mississippi average of 59.8%.
What is the vacancy rate in Quitman County, Mississippi?
The housing vacancy rate in Quitman County, Mississippi is 12.7%, lower than the Mississippi average of 14.6%.
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