The typical owner-occupied home in Conehatta is worth about $119,200, 30% below the Mississippi median of $169,800 and 64% below the national median of $332,700. Owners pay a median $705 a year in property taxes, about 0.59% of their home's value, lower than the Mississippi rate of 0.72%. 85% of occupied homes here are lived in by their owners, and 32% of those owners still have a mortgage.
Conehatta at a glance
| Conehatta | Mississippi | U.S. | |
|---|---|---|---|
| Median home value | $119,200 | $169,800 | $332,700 |
| Median property tax paid per year | $705 | $1,215 | $3,119 |
| Property tax as a share of value | 0.59% | 0.72% | 0.94% |
| Median household income | – | $56,447 | $80,734 |
| Homes lived in by their owners | 85% | 70% | 65% |
| Owner homes with a mortgage | 32% | 49% | 61% |
| Median monthly costs, owners with a mortgage | $868 | $1,394 | $1,963 |
| Those costs as a share of the owners' income | 35.8% | 19.8% | 21.0% |
| Median rent | – | $954 | $1,413 |
| Median year homes were built | 1991 | 1986 | 1980 |
| Vacant homes | 14.2% | 14.6% | 10.1% |
| Population | 1,166 | 2,946,779 | 334,922,499 |
What a typical home costs per month in Conehatta
At this week's average 30-year rate of 7.11%, buying the median Conehatta home of $119,200 with 20% down costs about $750 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $948, 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 $32,133 for the 20%-down payment.
| Down payment | $23,840 |
|---|---|
| Loan amount | $95,360 |
| Principal and interest | $641 |
| Property taxes (0.59% a year) | $59 |
| Homeowners insurance (our estimate, 0.5% a year) | $50 |
| PMI | $0 |
| Total per month | $750 |
Change the numbers in the calculator
| Down payment | $4,172 |
|---|---|
| Loan amount | $117,041 |
| Principal and interest | $787 |
| Property taxes (0.59% a year) | $59 |
| Homeowners insurance (our estimate, 0.5% a year) | $50 |
| FHA mortgage insurance | $53 |
| Total per month | $948 |
Change the numbers in the calculator
Questions about home buying in Conehatta
What is the median home value in Conehatta?
About $119,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Conehatta?
Homeowners pay a median $705 a year, which is about 0.59% 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 Conehatta?
For the median home with 20% down at 7.11%, the payment is about $750 a month. Keeping that under 28% of gross income takes about $32,133 a year.
More about Conehatta
- Mortgage Refinance in Conehatta
- Debt Relief in Conehatta
- Home Equity Loans in Conehatta
- 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
