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Buying a home in Dennis, Mississippi

The typical owner-occupied home in Dennis is worth about $112,000, 34% below the Mississippi median of $169,800 and 66% below the national median of $332,700. 100% of occupied homes here are lived in by their owners, and 57% of those owners still have a mortgage.

Dennis at a glance

Dennis Mississippi U.S.
Median home value $112,000 $169,800 $332,700
Median property tax paid per year – $1,215 $3,119
Median household income – $56,447 $80,734
Homes lived in by their owners 100% 70% 65%
Owner homes with a mortgage 57% 49% 61%
Median monthly costs, owners with a mortgage – $1,394 $1,963
Median rent – $954 $1,413
Median year homes were built 1976 1986 1980
Vacant homes 0.0% 14.6% 10.1%
Population 85 2,946,779 334,922,499

What a typical home costs per month in Dennis

At this week's average 30-year rate of 7.11%, buying the median Dennis home of $112,000 with 20% down costs about $752 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $939, 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 $32,232 for the 20%-down payment.

20% down, 30-year conventional loan
Down payment$22,400
Loan amount$89,600
Principal and interest$603
Property taxes (1.10% a year)$103
Homeowners insurance (our estimate, 0.5% a year)$47
PMI$0
Total per month$752

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3.5% down, 30-year FHA loan
Down payment$3,920
Loan amount$109,971
Principal and interest$740
Property taxes (1.10% a year)$103
Homeowners insurance (our estimate, 0.5% a year)$47
FHA mortgage insurance$50
Total per month$939

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Questions about home buying in Dennis

What is the median home value in Dennis?

About $112,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

What income do you need to buy a home in Dennis?

For the median home with 20% down at 7.11%, the payment is about $752 a month. Keeping that under 28% of gross income takes about $32,232 a year.

More about Dennis

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