McComb, MS Housing Market

Market Overview

McComb, MS has a PropertyIQ Score of 98 out of 100, indicating a very strong market according to the model. The score is driven by 12-month home value momentum of 12.75%, 3-month home value momentum of 10.20%, median days on market of 96 days, and a share of listings with a price cut of 18.3%. These drivers suggest positive recent price momentum and steady selling conditions.

Compared with state averages, McComb shows a mixed but often favorable profile. Median home value is $115,448, well below Mississippi’s $197,606 average, giving the area a clear price advantage. The rent index is $1,108, above the state average of $954, which points to stronger local rental demand. Unemployment matches the state at 3.6%, while median household income is $44,597, below the state average of $56,447. This means homes are more affordable relative to the state, but local incomes are also lower.

There are 162 homes for sale, and median days on market is 96 days. The year-over-year median home value change is listed as $-10, essentially flat in nominal dollar terms, while the momentum readings are positive. Population growth data is not available.

Key Trends

One trend is strong recent home value momentum. The 12-month momentum reading of 12.75% and the 3-month momentum reading of 10.20% are both top score drivers, indicating that home values have been moving upward over the periods the model weights most heavily. The year-over-year median home value change of $-10 tells a flatter story, but the score emphasizes recent momentum.

Another trend is affordability relative to the state. McComb’s median home value of $115,448 is far below the state average of $197,606. However, median household income of $44,597 is also below the state average of $56,447. This creates a mixed affordability picture: lower prices may attract buyers from higher-cost areas, but local incomes may limit some buyers.

A third trend is rental market strength. The rent index of $1,108 exceeds the state average of $954, even though home values are lower. This suggests local rent levels can support investor interest, though no rent growth or vacancy data is provided.

Finally, market movement appears steady. Median days on market is 96 days, and 18.3% of listings have a price cut. These are top score drivers, indicating that homes are selling at a measured pace without heavy discounting.

Who Is This Market For

This market is well suited for first-time buyers and budget-conscious buyers. The median home value of $115,448 is far below the state average of $197,606, which may lower down payment and mortgage costs. However, median household income is $44,597, below the state average of $56,447, so affordability depends on individual household income.

Rental-focused investors may also find McComb appealing. The rent index of $1,108 is above the state average of $954 while home values remain low, creating a potentially favorable combination for rental demand relative to purchase price. The median days on market of 96 days and price cut share of 18.3% suggest steady pricing rather than distressed selling.

Move-up buyers may benefit from positive momentum. The 12-month and 3-month home value momentum figures of 12.75% and 10.20% can support equity positions for existing owners. However, the year-over-year median home value change of $-10 suggests flat nominal value movement over the past year, so this is not a market of rapidly expanding budgets.

Outlook

The near-term outlook is cautiously positive. The PropertyIQ Score of 98 out of 100, supported by home value momentum of 12.75% over 12 months and 10.20% over 3 months, along with a 96-day median days on market and 18.3% price cut share, points to a market with recent traction and balanced seller behavior. With 162 homes for sale, inventory is present but not showing sharp distress.

At the same time, the year-over-year median home value change of $-10 suggests flat home values over the past year, and median household income of $44,597 remains below the state average of $56,447. Population growth data is not available, so longer-term demand visibility is limited. The outlook is therefore positive on momentum but measured on income and demographic signals.