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Southaven, MS

Full City Profile · Mississippi · DeSoto County County

3.3 /5.0
B Good
55,531 Population 1,345/sq mi density
$76,159 Median Income $34,176 per capita
$214,800 Home Value $271,898 Zillow
$1,361 Median Rent 27.6% income on rent
62°F Avg Temperature 301 sunny days/yr
165 Violent Crime/100K 3,191 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$76,159 median income, 2.6% unemployment
A+
Affordability
5.0 / 5.0
$214,800 home value, $1,361/mo rent
F
Safety
1.0 / 5.0
165 violent crimes/100K
B
Education
3.2 / 5.0
27.0% bachelor's degree or higher

Housing Overview

Median Home Value
$214,800
24% below
US avg: $281,900
Median Rent
$1,361/mo
17% above
US avg: $1,163/mo
Homeownership Rate
71.6%
9% above US avg (65.4%)
Total Housing Units
22,048
Median year built: 1996

Home Value by Source

Census Median
$214,800
Zillow (ZHVI)
$271,898
Median Sale Price
$285,000
Median List Price
$287,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

71.6%
Owner-Occupied
28.4%
Renter-Occupied
72%
28%
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: $1,361/mo · Zillow rent: $1,661/mo

Market Indicators (Redfin)

Median Days on Market
63 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
37
Price Drops
27.9%
of listings with price reduction
Price Per Sq Ft
$162
Active Inventory
140
homes for sale

Affordability & Housing Stock

Rent Burden
27.6%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1996
Average age of housing stock: 30 years
Homeownership Rate
71.6%

Complete Housing Data

Home Values

Census Median Value$214,800
Zillow Home Value (ZHVI)$271,898
Median Sale Price$285,000
Median List Price$287,000
Price Per Sq Ft$162

Rent

Census Median Rent$1,361
Zillow Rent (ZORI)$1,661
FMR Studio$751
FMR 1-Bedroom$782
FMR 2-Bedroom$924
FMR 3-Bedroom$1,177
FMR 4-Bedroom$1,295

Market

Days on Market63
Sale-to-List Ratio1.0%
Price Drops27.9%
Homes Sold37
Active Inventory140
Price Per Sq Ft$162

Ownership & Stock

Owner-Occupied71.6%
Renter-Occupied28.4%
Homeownership Rate71.6%
Total Housing Units22,048
Median Year Built1996
Rent Burden27.6%