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Nicholson, MS

Full City Profile · Mississippi · Hancock County County

2.6 /5.0
C+ Fair
2,523 Population 418/sq mi density
$46,468 Median Income $24,731 per capita
$98,500 Home Value $190,590 Zillow
$852 Median Rent 24.1% income on rent
66°F Avg Temperature 313 sunny days/yr
686 Violent Crime/100K 5,133 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$46,468 median income, 6.4% unemployment
A+
Affordability
5.0 / 5.0
$98,500 home value, $852/mo rent
F
Safety
1.0 / 5.0
686 violent crimes/100K (80% above avg)
D
Education
1.7 / 5.0
8.6% bachelor's degree or higher

Housing Overview

Median Home Value
$98,500
65% below
US avg: $281,900
Median Rent
$852/mo
27% below
US avg: $1,163/mo
Homeownership Rate
70.9%
8% above US avg (65.4%)
Total Housing Units
1,262
Median year built: 1995

Home Value by Source

Census Median
$98,500
Zillow (ZHVI)
$190,590
Median Sale Price
$200,000
Median List Price
$177,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

70.9%
Owner-Occupied
29.1%
Renter-Occupied
71%
29%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$751/mo
1 Bedroom
$782/mo
2 Bedroom
$924/mo
3 Bedroom
$1,177/mo
4 Bedroom
$1,295/mo
Census median rent: $852/mo

Market Indicators (Redfin)

Median Days on Market
42 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$130
Active Inventory
5
homes for sale

Affordability & Housing Stock

Rent Burden
24.1%
of renters spending 30%+ of income on housing
22% below US avg (31.0%)
Median Year Built
1995
Average age of housing stock: 31 years
Homeownership Rate
70.9%

Complete Housing Data

Home Values

Census Median Value$98,500
Zillow Home Value (ZHVI)$190,590
Median Sale Price$200,000
Median List Price$177,500
Price Per Sq Ft$130

Rent

Census Median Rent$852
FMR Studio$751
FMR 1-Bedroom$782
FMR 2-Bedroom$924
FMR 3-Bedroom$1,177
FMR 4-Bedroom$1,295

Market

Days on Market42
Sale-to-List Ratio0.9%
Price Drops20.0%
Homes Sold1
Active Inventory5
Price Per Sq Ft$130

Ownership & Stock

Owner-Occupied70.9%
Renter-Occupied29.1%
Homeownership Rate70.9%
Total Housing Units1,262
Median Year Built1995
Rent Burden24.1%