Sharkey County, Mississippi Housing Market Prices
Sharkey 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 6% below the Mississippi median$122,499
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Median rent 35% below the Mississippi median Among the top 5 cheapest counties in Mississippi$622
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Sharkey County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $122,499 | $130,069 | $248,835 |
| Price Trend (Annual %) | -7.8% | 5.6% | 7.5% |
| Median Gross Rent | $622 | $954 | $1,407 |
| Rent Trend (Annual %) | 3.2% | 3.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Sharkey County is about 6% lower than in Mississippi. Rent is about 35% 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 Sharkey County: home prices fell about 7.8% a year while rent rose about 3.2% a year. That is an unusual pattern worth watching.
Median rent in Sharkey County rose about 21.5% between 2015 and 2024, from $512 to $622. Over the same span, rent in Mississippi rose about 33.2%.
Affordability
On average, housing unit costs 3.1 yearly household incomes in Sharkey County.
Buying the median-priced home in Sharkey County costs roughly 16.4 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 Sharkey County. The price-to-rent ratio in Mississippi is about 11.4.
| Metric | Sharkey County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $122,499 | $130,069 | $248,835 |
| Median Household Income | $40,000 | $56,669 | $80,455 |
| Price-to-Income Ratio | 3.1 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Sharkey County fell about 42.4%, while median household income rose about 26.5% 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 | Sharkey County | Mississippi Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.3% | 59.8% | 58.5% |
| Rental Rate | 28.8% | 25.6% | 31.2% |
| Vacancy Rate | 13.8% | 14.6% | 10.2% |
| Median Tenure (years) | 20.0 | 16.0 | 15.0 |
| Median Year Moved In | 2006 | 2010 | 2011 |
Sharkey County has a homeownership rate of 57.3%, lower than the Mississippi average of 59.8%. Its housing vacancy rate is 13.8%, compared with 14.6% in Mississippi.
Housing Stock
| Metric | Sharkey County | Mississippi Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.63 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1979 | 1986 | 1978 |
| Median Number of Rooms | 5.6 | 5.7 | 5.5 |
The typical housing unit in Sharkey County was built around 1979. On average, 2.6 people live in a home with about 5.6 rooms, staying for about 20.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Sharkey County, Mississippi.
What is the median home price in Sharkey County, Mississippi?
The median home price in Sharkey County, Mississippi is $122,499, lower than the Mississippi average of $130,069.
What is the average home price in Sharkey County, Mississippi?
The typical home price in Sharkey County, Mississippi, reported as the median sale price, is $122,499. 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 Sharkey County, Mississippi?
The median gross rent in Sharkey County, Mississippi is $622 per month, lower than the Mississippi average of $954.
What was the median gross rent in Sharkey County in 2020?
In 2020, the median gross rent in Sharkey County, Mississippi was $578 per month.
What is the price-to-rent ratio in Sharkey County, Mississippi?
The price-to-rent ratio in Sharkey County, Mississippi is about 16.4, meaning it would take roughly 16.4 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 Sharkey County.
Are home prices or rent rising faster in Sharkey County, Mississippi?
Home prices and rent are moving in opposite directions in Sharkey County: home prices fell about 7.8% a year while rent rose about 3.2% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Sharkey County, Mississippi?
57.3% of households in Sharkey County, Mississippi own their home, lower than the Mississippi average of 59.8%.
What is the vacancy rate in Sharkey County, Mississippi?
The housing vacancy rate in Sharkey County, Mississippi is 13.8%, lower than the Mississippi average of 14.6%.
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