Housing & Real Estate — Water Valley, Mississippi
Overview
| Total Housing Units | 1,543 |
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| Occupied | 1,230 |
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| Vacant | 313 |
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| Owner-Occupied | 684 |
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| Renter-Occupied | 546 |
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| Median Home Value (Census) | $135,500 |
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| Estimated 2026 | ~$157,000 |
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| Median Rent | $592/mo |
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| Median Property Tax | $1,084/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | moderate |
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| Rent as % of Income | 16.6% |
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| Severely Rent-Burdened | 24.8% |
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Housing Age
| Built 2010 or later | 71 |
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| Built 2000-2009 | 69 |
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| Built 1990-1999 | 86 |
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| Built before 1960 | 506 |
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| Median Year Built | 1970 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
