Mortgage Rates in Mississippi
Updated April 2026
Key Mortgage Metrics
Median Home Price
$200,000
30-Year Fixed Rate
6.9%
Property Tax Rate
0.81%
Est. Annual Property Tax
$1,620
Housing Market in Mississippi
The median home price in Mississippi is currently $200,000, with an average 30-year fixed mortgage rate of 6.9%. Property taxes in Mississippi average 0.81% of home value, translating to approximately $1,620 annually on a median-priced home.
Use our mortgage calculator to estimate your monthly payments based on your specific down payment and loan terms.
First-Time Homebuyer Programs
Mississippi offers several programs to help first-time homebuyers:
- Mississippi Housing and Development Authority
- First-time homebuyer loans
Contact your state housing finance agency for eligibility requirements and application details.
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