Walthall County, Mississippi Housing Market Prices
Walthall 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 62% below the Mississippi median Cheaper than 73% of counties in Mississippi$48,928
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Median rent 17% below the Mississippi median$790
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Walthall County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $48,928 | $130,069 | $248,835 |
| Price Trend (Annual %) | 9.7% | 5.6% | 7.5% |
| Median Gross Rent | $790 | $954 | $1,407 |
| Rent Trend (Annual %) | 4.7% | 3.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Walthall County is about 62% lower than in Mississippi. Rent is about 17% 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 Walthall County, up about 9.7% and 4.7% a year respectively. Home prices are changing faster.
Median rent in Walthall County rose about 66.4% between 2015 and 2024, from $475 to $790. Over the same span, rent in Mississippi rose about 33.2%.
Affordability
On average, housing unit costs 1.0 yearly household incomes in Walthall County.
Buying the median-priced home in Walthall County costs roughly 5.2 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 Walthall County. The price-to-rent ratio in Mississippi is about 11.4.
| Metric | Walthall County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Home Price | $48,928 | $130,069 | $248,835 |
| Median Household Income | $48,537 | $56,669 | $80,455 |
| Price-to-Income Ratio | 1.0 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Walthall County fell about 64.4%, while median household income rose about 35.7% 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 | Walthall County | Mississippi Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 61.4% | 59.8% | 58.5% |
| Rental Rate | 15.1% | 25.6% | 31.2% |
| Vacancy Rate | 23.5% | 14.6% | 10.2% |
| Median Tenure (years) | 21.0 | 16.0 | 15.0 |
| Median Year Moved In | 2005 | 2010 | 2011 |
Walthall County has a homeownership rate of 61.4%, higher than the Mississippi average of 59.8%. Its housing vacancy rate is 23.5%, compared with 14.6% in Mississippi.
Housing Stock
| Metric | Walthall County | Mississippi Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.59 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1986 | 1986 | 1978 |
| Median Number of Rooms | 5.4 | 5.7 | 5.5 |
The typical housing unit in Walthall County was built around 1986. On average, 2.6 people live in a home with about 5.4 rooms, staying for about 21.0 years on average.
Walthall County, MS Housing Compared With Nearby Counties
How Walthall County, MS compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Walthall County, MS | 13,839 | $48,928 #3/3 | $790 #2/3 | 80.3% #1/3 |
| Pike County, MS | 39,602 | $63,571 | $919 | 66.8% |
| Washington Parish, LA | 45,116 | $118,749 | $774 | 69.3% |
Frequently Asked Questions
Common questions about the housing market in Walthall County, Mississippi.
What is the median home price in Walthall County, Mississippi?
The median home price in Walthall County, Mississippi is $48,928, lower than the Mississippi average of $130,069.
What is the average home price in Walthall County, Mississippi?
The typical home price in Walthall County, Mississippi, reported as the median sale price, is $48,928. 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 Walthall County, Mississippi?
The median gross rent in Walthall County, Mississippi is $790 per month, lower than the Mississippi average of $954.
What was the median gross rent in Walthall County in 2020?
In 2020, the median gross rent in Walthall County, Mississippi was $584 per month.
What is the price-to-rent ratio in Walthall County, Mississippi?
The price-to-rent ratio in Walthall County, Mississippi is about 5.2, meaning it would take roughly 5.2 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 Walthall County.
Are home prices or rent rising faster in Walthall County, Mississippi?
Both home prices and rent are rising in Walthall County, up about 9.7% and 4.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Walthall County, Mississippi?
61.4% of households in Walthall County, Mississippi own their home, higher than the Mississippi average of 59.8%.
What is the vacancy rate in Walthall County, Mississippi?
The housing vacancy rate in Walthall County, Mississippi is 23.5%, higher than the Mississippi average of 14.6%.
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