Land and home values in Smith County, Mississippi
Smith County (rural) covers 636 square miles and 5 census tracts. Residential land is about $0.95 per sq ft at the county median, from $0.77 in its most rural tracts to $1.53 in its most valuable. The typical home is worth about $165,000 and a 2-bedroom rents for about $970 a month, as of October 12, 2026.
Open on the satellite mapAll of MississippiCounty values
| Land: residential | $0.95 | per sq ft |
| Land: residential | $41,600 | per acre |
| Land: quarter-acre lot | $10,400 | 10,890 sq ft |
| Land: farmland | $4,000 | per acre |
| Home: typical (median) | $165,000 | value |
| Home: entry-level | $108,000 | lower quartile |
| Home: upper-end | $245,000 | upper quartile |
| Build new | $157 | per sq ft, no land |
| Rent: 1-bedroom | $865 | per month |
| Rent: 2-bedroom | $970 | per month |
| Rent: 3-bedroom | $1,220 | per month |
| Rent: 4-bedroom | $1,320 | per month |
| Gross yield, 2-bed | 7.1% | a year |
Price tiers
| Tier | Tracts | Land $/sq ft | Typical home | Rent 2-bed |
|---|---|---|---|---|
| Rural | 4 | $0.94 | $143,000 | $845 |
| Farmland | 1 | $0.95 | $165,000 | $970 |
Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.
Highest-value places
| Place | Type | Land $/sq ft | Typical home |
|---|---|---|---|
| Polkville | Town | $2.52 | $125,000 |
| Taylorsville | Town | $1.47 | $184,000 |
| Sylvarena | Town | $1.40 | $156,000 |
| Raleigh | Town | $1.08 | $142,000 |
| Mize | Town | $1.03 | $190,000 |
Questions people ask
How much is land worth in Smith County, MS?
Residential land in Smith County, MS is about $0.95 per square foot, or $41,600 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $10,400. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Smith County, MS?
The typical (median) home in Smith County, MS is worth about $165,000, with entry-level homes around $108,000 and upper-end homes around $245,000, as of October 2026.
How much is rent in Smith County, MS?
A 2-bedroom rents for about $970 a month in Smith County, MS, a 1-bedroom about $865 and a 3-bedroom about $1,220 (gross rent including utilities, HUD Fair Market Rent basis).
How much is farmland per acre in Smith County, MS?
Farmland averages about $4,000 an acre in Smith County, MS (USDA, including buildings), well below residential land.
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.