Housing in Hernando, MS

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$335,000

Median List Price

$349,950

Price Per Sq Ft

$163

Days on Market

50

Active Inventory

83

Months of Supply

3.6

Seller's market

Zillow Home Value

$338,967

ZHVI — January 2026

Zillow Rent Index

$2,142

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 3.1%List Price 6.7%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

8.7%

Off Market in 2 Weeks

21.2%

Sale-to-List Ratio

97.7%

Buyer's market

Sold Above Asking
8.7%
Under Contract in 2 Wks
21.2%
Listings with Price Drops
24.1%

Market Activity

Source: Redfin

Homes Sold

23

New Listings

22

Pending Sales

33

Homes Sold 9.5%New Listings 33.3%Pending 32.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$163

Median List $/SF

$172

Sale $/SF 1.2%List $/SF 4.9%Mar 24Jan 26

Hernando vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Hernando is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$282,200

Median Rent

$1,163

Total Housing Units

7,273

Vacancy Rate

4.3%

Owner Occupied

80.8%

Renter Occupied

19.2%

Median Property Tax

$1,914

per year

Monthly Cost (w/ Mortgage)

$1,428

Housing Types

Single Family
82.8%
Multi-Family
11.8%
Mobile Home
5.3%

The current median sale price in Hernando, MS is $335,000 according to Redfin data. Homes spend a median of 50 days on the market. 8.7% of homes sold above asking price. The market has 3.6 months of supply. The median price per square foot is $163. Zillow's observed rent index is $2,142/month. About 80.8% of housing units are owner-occupied. The median year homes were built is 2001. There are 7,273 total housing units.