Washington County, MS housing market

What this means

• Prices. Home values are down 5.2% over the past year (U.S.: +1.2%), 51% below their 2022-23 peak.
• Supply. Listings are 11% below the 2017-19 norm and falling (−9% vs. a year ago), still somewhat tight.
• Negotiating. Buyer leverage is high (80/100; U.S.: 54): homes typically sell at or above asking (105.9% of list) (as of Jul 2026); 13% of listings had a price cut (U.S.: 26%).
• Affordability. A mortgage on the typical home takes 13% of the median household income (U.S.: 35%); it takes about $19k a year to keep the payment at 30% of gross pay. That includes about $1,696 a year for home insurance (U.S.: $1,790).
• Disaster risk. FEMA expects about $155 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
• Outlook. Leaning up: likely −7% to +10% over the next 12 months (68% chance of a rise).

Next 12 months

Leaning up

Prices are more likely to rise than fall over the next year. Likely change: −6.8% to +9.6% (80% range; middle estimate +2.7%), chance of a rise 68%, of a 5%+ drop 14%.

HouseVane's model, refit every month on local market signals and national ones, trained only on data known at the time. How accurate it has been.

ZIP codes in Washington County, MS