The typical owner-occupied home in Winstonville is worth about $162,500, 4% below the Mississippi median of $169,800 and 51% below the national median of $332,700. Owners pay a median $1,191 a year in property taxes, about 0.73% of their home's value, close to the Mississippi rate of 0.72%. 70% of occupied homes here are lived in by their owners, and 53% of those owners still have a mortgage.
Winstonville at a glance
| Winstonville | Mississippi | U.S. | |
|---|---|---|---|
| Median home value | $162,500 | $169,800 | $332,700 |
| Median property tax paid per year | $1,191 | $1,215 | $3,119 |
| Property tax as a share of value | 0.73% | 0.72% | 0.94% |
| Median household income | – | $56,447 | $80,734 |
| Homes lived in by their owners | 70% | 70% | 65% |
| Owner homes with a mortgage | 53% | 49% | 61% |
| Median monthly costs, owners with a mortgage | $883 | $1,394 | $1,963 |
| Median rent | $814 | $954 | $1,413 |
| Rent as a share of renters' income | 24.3% | 30.7% | 30.6% |
| Median year homes were built | 1977 | 1986 | 1980 |
| Vacant homes | 6.9% | 14.6% | 10.1% |
| Population | 132 | 2,946,779 | 334,922,499 |
What a typical home costs per month in Winstonville
At this week's average 30-year rate of 7.11%, buying the median Winstonville home of $162,500 with 20% down costs about $1,041 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,312, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $44,618 for the 20%-down payment.
The median rent here is $814 a month, so owning the median home costs about $227 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $32,500 |
|---|---|
| Loan amount | $130,000 |
| Principal and interest | $875 |
| Property taxes (0.73% a year) | $99 |
| Homeowners insurance (our estimate, 0.5% a year) | $68 |
| PMI | $0 |
| Total per month | $1,041 |
Change the numbers in the calculator
| Down payment | $5,688 |
|---|---|
| Loan amount | $159,557 |
| Principal and interest | $1,073 |
| Property taxes (0.73% a year) | $99 |
| Homeowners insurance (our estimate, 0.5% a year) | $68 |
| FHA mortgage insurance | $72 |
| Total per month | $1,312 |
Change the numbers in the calculator
Questions about home buying in Winstonville
What is the median home value in Winstonville?
About $162,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Winstonville?
Homeowners pay a median $1,191 a year, which is about 0.73% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Winstonville?
For the median home with 20% down at 7.11%, the payment is about $1,041 a month. Keeping that under 28% of gross income takes about $44,618 a year.
More about Winstonville
- Mortgage Refinance in Winstonville
- Debt Relief in Winstonville
- Home Equity Loans in Winstonville
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data