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MS area data

Water Valley, MS

Water Valley, MS.

Population: 8,963 (Census ACS)

Home values & appreciation

Median home value
$187,234
1-year appreciation
+0.1%
3-year appreciation
-5.4%
5-year appreciation
-1.3%
10-year appreciation
+27.3%
All-time peak (2022-01)
$204,180
House Price Index
322.1 (+3.8% YoY)

Market activity

New listings (monthly)
7

Rents

Typical rent
$1,500/mo

Affordability

Cost of living index (Low)
85.0 (100 = US avg)
Electricity rate (state-level)
14.0¢/kWh
Natural gas rate (state-level)
$16.60/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
2
Elementary schools
1
Middle schools
0
High schools
1

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
lightning

Climate (30-year normals)

Annual precipitation
58.5 in

Air quality

Air quality rating
Good
Median AQI (annual)
36
Days with Good air quality
328

Amenities

National parks within ~60 mi
5
Nearest national park
Natchez Trace Parkway (41 mi)
Nearest airport
Water Valley Municipal Airport (5 mi)
Nearest major airport
University Oxford Airport (UOX) (20 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
4.0 / 5
EV charging stations (within 10 mi)
2
Solar radiation rating
Good (4.5 kWh/m²/day)

Migration

Net migration
+29 tax filers

Housing stock

Median year housing built
1,981
Median annual property tax
$873
Mean commute to work
26 min
Households with broadband internet
54.8%

Employment & development

Total county employment
1,839
Average weekly wage
$900
Top industries (by employment)
Construction, Finance & Insurance, Administrative Services
Annual residential building permits (county)
24

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents