Stone County, Mississippi Housing Market Prices
Stone 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 169% above the Mississippi median More expensive than 94% of counties in Mississippi$350,000
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Median rent 2% below the Mississippi median More expensive than 83% of counties in Mississippi$936
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Stone County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $350,000 | $130,069 | $248,835 |
| Price Trend (Annual %) | 31.7% | 5.6% | 7.5% |
| Median Gross Rent | $936 | $954 | $1,407 |
| Rent Trend (Annual %) | 4.1% | 3.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Stone County is about 169% higher than in Mississippi. Rent is about 2% 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 Stone County, up about 31.7% and 4.1% a year respectively. Home prices are changing faster.
Median rent in Stone County rose about 27.7% between 2015 and 2024, from $733 to $936. Over the same span, rent in Mississippi rose about 33.2%.
Affordability
On average, housing unit costs 5.6 yearly household incomes in Stone County.
Buying the median-priced home in Stone County costs roughly 31.2 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Stone County. The price-to-rent ratio in Mississippi is about 11.4.
| Metric | Stone County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $350,000 | $130,069 | $248,835 |
| Median Household Income | $62,144 | $56,669 | $80,455 |
| Price-to-Income Ratio | 5.6 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Stone County rose about 292.2%, while median household income rose about 32.3% 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 | Stone County | Mississippi Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 70.5% | 59.8% | 58.5% |
| Rental Rate | 16.9% | 25.6% | 31.2% |
| Vacancy Rate | 12.6% | 14.6% | 10.2% |
| Median Tenure (years) | 16.0 | 16.0 | 15.0 |
| Median Year Moved In | 2010 | 2010 | 2011 |
Stone County has a homeownership rate of 70.5%, higher than the Mississippi average of 59.8%. Its housing vacancy rate is 12.6%, compared with 14.6% in Mississippi.
Housing Stock
| Metric | Stone County | Mississippi Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.72 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1993 | 1986 | 1978 |
| Median Number of Rooms | 5.5 | 5.7 | 5.5 |
The typical housing unit in Stone County was built around 1993. On average, 2.7 people live in a home with about 5.5 rooms, staying for about 16.0 years on average.
Stone County, MS Housing Compared With Nearby Counties
Stone County, MS is the smallest of the 4 counties compared here, 18,894 residents against a local median of 78,271. Where Stone County, MS breaks from the counties next to it is median home price, sitting 69% above the local median of $207,108 at $350,000.
Homeownership tells the same story from another angle: 80.7% against a local median of 62.2%, 30% above it. The one measure here that carries a verdict is homeownership, and at 30% above the local median it puts Stone County, MS at the better end of the local range. The counties themselves sit within $64,488 of each other on median home price, a tighter band than the gap between any of them and Stone County, MS, which makes it a genuine outlier here rather than one end of a wide local spread. Stone County, MS has the highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Stone County, MS | 18,894 | $350,000 #1/4 | $936 #3/4 | 80.7% #1/4 |
| Harrison County, MS | 210,887 | $194,049 | $1,115 | 62.2% |
| Forrest County, MS | 78,271 | $258,536 | $972 | 57.2% |
| Pearl River County, MS | 57,458 | $207,108 | $906 | 80.4% |
Frequently Asked Questions
Common questions about the housing market in Stone County, Mississippi.
What is the median home price in Stone County, Mississippi?
The median home price in Stone County, Mississippi is $350,000, higher than the Mississippi average of $130,069.
What is the average home price in Stone County, Mississippi?
The typical home price in Stone County, Mississippi, reported as the median sale price, is $350,000. 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 Stone County, Mississippi?
The median gross rent in Stone County, Mississippi is $936 per month, lower than the Mississippi average of $954.
What was the median gross rent in Stone County in 2020?
In 2020, the median gross rent in Stone County, Mississippi was $678 per month.
What is the price-to-rent ratio in Stone County, Mississippi?
The price-to-rent ratio in Stone County, Mississippi is about 31.2, meaning it would take roughly 31.2 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Stone County.
Are home prices or rent rising faster in Stone County, Mississippi?
Both home prices and rent are rising in Stone County, up about 31.7% and 4.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Stone County, Mississippi?
70.5% of households in Stone County, Mississippi own their home, higher than the Mississippi average of 59.8%.
What is the vacancy rate in Stone County, Mississippi?
The housing vacancy rate in Stone County, Mississippi is 12.6%, lower than the Mississippi average of 14.6%.
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