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Advertise here →Water Valley, MS · Houses & Market Data
Water Valley, Mississippi houses and real estate market data.
Houses in Water Valley, MS (Yalobusha County) — Census median home value $111,000, county listing prices down about 14.3% over the past year. Market data for Water Valley houses and the broader area.
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Water Valley, MS is in Yalobusha County, Mississippi — this guide covers houses in Water Valley and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 3,380, with a median household income of $47,167. Census data puts the median value of houses in Water Valley at $111,000.
Info from government sites and builders may have provided source info.
Market overview
Water Valley housing market
Water Valley is in Yalobusha County, Mississippi. Manifest Census and county price-trend data provide baseline context for houses in Water Valley and the surrounding county market.
Median home value (Census ACS)
$111,000
Population (Census ACS)
3,380
Median household income
$47,167
Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County-level FHFA price trend was not available in the manifest row.
At a glance
Water Valley market snapshot
Population
3,380
County
Yalobusha County
Median Household Income
$47,167
Median Home Value (city)
$111,000
Median Gross Rent
$592/mo
Price Trend (YoY)
-14.3%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About
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What makes Water Valley different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Water Valley's median home value — across all owner-occupied homes, not just recent sales — at $111,000.
County Price Trend
Yalobusha County's FHFA house price index shows a -14.32% annual change in 2025.
Population & Income
Water Valley has an estimated population of 3,380 and a median household income of $47,167, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Water Valley's Census-reported median home value works out to about 2.4x the area's median household income, and median gross rent runs roughly 15% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
Nearby
Places around Water Valley
County guide: Yalobusha County — cities, market context, and local resources for the county that includes Water Valley.
USAHouses.com also helps visitors looking in nearby Yalobusha County and other Mississippi communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.
Nearby communities include Coffeeville, Oakland, Tillatoba.
Coffeeville market data
Nearby city · ~13.2 mi
Oakland market data
Nearby city · ~17.7 mi
Tillatoba market data
Nearby city · ~19.5 mi
More Mississippi cities with market guides: Gulfport, Southaven, Biloxi, Hattiesburg, Olive Branch, Tupelo, Meridian, Greenville.
Gulfport market data
Same-state city guide
Southaven market data
Same-state city guide
Biloxi market data
Same-state city guide
Hattiesburg market data
Same-state city guide
Olive Branch market data
Same-state city guide
Tupelo market data
Same-state city guide
Meridian market data
Same-state city guide
Greenville market data
Same-state city guide
Adjacent-county Census places with USAHouses.com pages: Taylor (~7.9 mi), Paris (~10.2 mi), Oxford (~14.1 mi), University (~15.0 mi), Tula (~15.8 mi), Pope (~18.4 mi), Courtland (~18.7 mi), Batesville (~20.1 mi), Bruce (~20.1 mi), Pittsboro (~22.7 mi), Abbeville (~24.7 mi), Sardis (~24.8 mi), Big Creek (~25.0 mi), Calhoun City (~27.6 mi), Grenada (~28.3 mi), Derma (~28.7 mi).
New construction: Mississippi new construction.
Census & home facts
Water Valley data from published sources
Population (ACS 2023)
3,380
Median home value (ACS 2023)
$111,000
Median household income (ACS 2023)
$47,167
Median gross rent (ACS 2023)
$592
County FHFA annual change (2025)
-14.32%
Census place type
city
County
Yalobusha County
Land area (Census Gazetteer 2024)
7.01 sq mi
Census GEOID
2878000
Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.
NewUSAHouses.com communities
Closest verified new-home communities near Water Valley
Availability and pricing are controlled by the builder and may change; confirm with the builder.
Indian Oaks ↗
D.R. Horton · Byhalia, Mississippi · ~47.7 mi · from $298,990
Cayce Pointe ↗
D.R. Horton · Byhalia, Mississippi · ~54.6 mi · from $274,990
Chickasaw Trails ↗
D.R. Horton · Byhalia, Mississippi · ~55.1 mi · from $240,990
Twin Lakes ↗
D.R. Horton · Byhalia, Mississippi · ~55.3 mi · from $296,990
Villages at Southbranch ↗
D.R. Horton · Olive Branch, Mississippi · ~58.6 mi · from $354,990
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Common questions
Water Valley FAQ
What are houses worth in Water Valley, MS?
The Census Bureau's American Community Survey puts the median value of houses in Water Valley at $111,000.
How much do houses cost in Water Valley, MS?
For owner-occupied houses in Water Valley, Census ACS data shows a median value of $111,000. Active listing prices in Yalobusha County may differ — see the market snapshot above.
What types of houses are in Water Valley, MS?
Water Valley houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Yalobusha County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.
What is the population of Water Valley, MS?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Water Valley's population at approximately 3,380.
What's the median rent in Water Valley, MS?
The Census ACS estimates median gross rent in Water Valley at approximately $592 per month.
What is the median household income in Water Valley, MS?
Census ACS data puts the median household income in Water Valley at approximately $47,167.
Is the Water Valley housing market growing?
Yalobusha County's FHFA house price index shows a -14.32% annual change in 2025.
Is Water Valley, MS affordable relative to income?
Census ACS data puts Water Valley's median home value at about 2.4 times the median household income, with median gross rent equal to roughly 15% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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