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These days, finding an affordable place to live in the Valley area can be challenging. Home prices in Valley are now at a median cost of $116,367, lower than the Mississippi average of $183,008.
The average cost of rent is $993/mo in Valley, primarily driven by the current value of real estate in the Valley area. In Valley, 28.59% of households rent, and 74.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Valley is $4,916 per month. Households that rent pay about 20.19% of their income on rent here. Valley’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Oil City, MS: higher priced homes
- Tinsley, MS: higher priced homes
- Pierce Crossroad, MS: higher priced homes
- Bentonia, MS: higher priced homes
- Yazoo City, MS: equally priced homes
- Mechanicsburg, MS: higher priced homes
- Little Yazoo, MS: higher priced homes
- Satartia, MS: higher priced homes
- Dover, MS: higher priced homes
- Nod, MS: higher priced homes
Cities with Similar Populations
- Prairie Corners, WI: higher priced homes
- Pungoteague, VA: higher priced homes
- Puerto De Luna, NM: higher priced homes
- Pueblo, KY: higher priced homes
- Pryor, CO: higher priced homes
- Prosper, MN: higher priced homes
- Proctor, CO: higher priced homes
- Pritchett, CO: higher priced homes
- Prince, WV: less expensive homes
- Purmela, TX: higher priced homes
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