Counties / Mississippi / Yalobusha County

Yalobusha County, MS

FIPS 28161 · population 12,419 · part of Oxford, MS

$160k
Zillow home value · 2026-06
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$160k
▼ 2.0% year over year
Zillow ZHVI · direct
ACS median gross rent
$667
occupied-unit survey; not current asking rent
Census ACS · surveyed
Gross yield
n/a
gross yield cannot be computed without measured market rent
requires both measured price and measured rent
HUD 2-bed standard
$842
the Section 8 payment standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

Both annual signals move in the same direction
FHFA five-year cumulative+36.5%not annualized · through 2025
0%ZILLOW ZHVI2026-06−2.0%FHFA HPI2025−14.3%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$122k
Surveyed gross rent$667
Rent burden 30%+43.3%
Median year built1981
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
23.2%vacant
6,504estimated housing units
Occupied tenure30.7% renter
owner 69.3%renter 30.7%
Structure mix68.5% single-family
Single-family 68.5%20+ units 0.7%Mobile home 23.8%Other 7.1%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs2,634▼ 0.9% from the prior annual release
Covered establishments206annual average reporting locations
Average weekly wage$836▲ 2.6% from the prior annual release
Largest private supersectorManufacturing44.8% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS−0.9%WEEKLY WAGE+2.6%Manufacturing44.8%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Yalobusha presents a decision tension: falling county value measures sit beside higher MLS asking prices, while no published market rent permits income underwriting. The record warrants diligence from buyers able to obtain lease and flood-cost evidence; yield-led screens should remain cautious. Zillow’s county value is $160,364, down 1.97%, at the 2026-06 observation. FHFA’s repeat-transaction HPI, a price-change index rather than a home value, fell 14.32% in 2025. The sources have different methods and vintages; their declines should not be averaged, while the listing signal is not a sale-price counterpoint.

02Housing economics

Market rent is not published, so gross yield cannot be computed. HUD’s two-bedroom FMR of $842 is a payment standard, not an asking-rent estimate, and cannot substitute for rent. The effective property-tax rate is 0.66%, with median annual tax of $809. Those tax figures help define carrying costs but do not establish the expense burden: insurance, maintenance, utilities, financing and property-specific assessments are not published.

03Demand & competition

Realtor.com MLS listing evidence shows median asking price up 28.27%, 24 active listings, and 15.38% of listings reduced. These are asking-price, visible-supply and seller-concession measures—not closed sales or proof of buyer demand. Tax-return migration was net positive by 2 households, and arriving movers reported higher average AGI than departures; that modest flow does not establish renter demand. Investor purchases were 20 of 118 total purchases, making non-owner participation relevant to bid competition but not sufficient to identify investor strategy, rents, or resale liquidity.

04Risk & next checks

Annual QCEW covered employment at county workplaces declined 0.87%; it is neither resident employment nor an unemployment measure. Manufacturing is the largest disclosed private supersector, not the whole county economy. Inland flood is the dominant hazard, and modeled annual climate loss equals 0.16% of building value; it is a model, not a property-specific loss estimate. Next checks are lease comparables, closed-sale records, flood zone and insurance terms, property tax bills, and employer/tenant concentration. Without them, the record cannot determine sustainable yield, all-in carrying cost, or exit liquidity.

Cities & communities

Where people live within Yalobusha County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Water Valley city3.4KCoffeeville town785Oakland town402Tillatoba town79
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

4 Census places

Population
  1. 01
    Water Valley cityIncorporated place
    3,376
  2. 02
    Coffeeville townIncorporated place
    785
  3. 03
    Oakland townIncorporated place
    402
  4. 04
    Tillatoba townIncorporated place
    79

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.157% of building value expected lost per year

Effective property tax0.66%

$809 median annual bill

02
DemandIRS SOI household flows
Net migration+2

299 in · 297 out

Arriving vs leaving income+$2,748

$45,836 arriving · $43,088 leaving

03
CompetitionHMDA financed purchases
Purchases by investors17.0%

20 of 118 mortgages

investorother financed
Current listing pressure

What sellers and visible supply are doing

Realtor.com® Economic Research · county inventory 2026-06 · pulled 2026-07-28
Active listings24▼ 25.4% year over year
Median days on market59▼ 30.8% year over year
Listings price-reduced15.4%seller-concession signal
Median listing pricen/a▲ 28.3% year over year

Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.

No rent index is published for this county.Zillow’s county rent series does not cover every county, and estimating one from a neighbouring county would be a guess wearing a number’s clothes. Everything above is measured here; for a rent figure, the Oxford, MS page covers the wider market.
Same metro

The other counties in Oxford, MS

A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.

CountyPopulationPriceRentYieldHazard
Yalobusha County12,419$160kn/an/ainland flooding
Lafayette County58,327$413k$2,1086.1%inland flooding
Bear case

What can break the county thesis

  1. Property-level rents may not cover taxes, insurance, maintenance, and financing costs.
  2. MLS listing conditions may not translate into closed-sale liquidity or buyer depth.
  3. Flood insurance availability, modeled hazard losses, or employment concentration could weaken occupancy or carrying-cost assumptions.
Underwriting questions

Before pricing a property

Can gross yield be calculated from this record?

No. Market rent is not published, and HUD FMR cannot be substituted for market rent.

What does the Realtor.com evidence measure?

It measures MLS asking prices, active listing supply, marketing conditions, and price reductions rather than closed-sale prices.

What employment measure is supplied?

QCEW annual covered employment at workplaces in the county; Manufacturing is the largest disclosed private supersector.