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Advertise here →Waveland, MS · Market Data
Waveland, Mississippi real estate market data.
Real estate market data for Waveland, MS (Hancock County) — Census median home value $201,800, county listing prices up about 2.1% over the past year.
Waveland, MS is in Hancock County, Mississippi — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 7,066, with a median household income of $58,795. Census data puts Waveland's median home value at $201,800 (all owner-occupied homes); Hancock County's current median listing price runs $357,225, up about 2.1% over the past year.
At a glance
Waveland market snapshot
Population
7,066
Median Household Income
$58,795
Median Home Value (city)
$201,800
Median Listing Price (Hancock County)
$357,225
Median Gross Rent
$828/mo
Price Trend (YoY)
+2.1%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Waveland different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Waveland's median home value — across all owner-occupied homes, not just recent sales — at $201,800. Separately, Hancock County's current median listing price (via Realtor.com data, 2026-06-01) runs $357,225. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Hancock County's FHFA house price index shows a 7.57% annual change in 2025.
Population & Income
Waveland has an estimated population of 7,066 and a median household income of $58,795, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Waveland's Census-reported median home value works out to about 3.4x the area's median household income, and median gross rent runs roughly 17% 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.
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Common questions
Waveland FAQ
What are home values like in Waveland, MS?
The Census Bureau's American Community Survey puts Waveland's median home value at $201,800. Hancock County's current median listing price runs $357,225, up about 2.1% over the past year.
What is the population of Waveland, MS?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Waveland's population at approximately 7,066.
What's the median rent in Waveland, MS?
The Census ACS estimates median gross rent in Waveland at approximately $828 per month.
What is the median household income in Waveland, MS?
Census ACS data puts the median household income in Waveland at approximately $58,795.
Is the Waveland housing market growing?
Hancock County's FHFA house price index shows a 7.57% annual change in 2025.
Is Waveland, MS affordable relative to income?
Census ACS data puts Waveland's median home value at about 3.4 times the median household income, with median gross rent equal to roughly 17% 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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