Housing · Bruce

Bruce, MS housing market

The typical Bruce home is worth about $150,000, up 3.7% in a year, 24% below the Mississippi typical home.

Home values, sales, trends and how Bruce compares with the towns next door — updated as new data is published.

The market right now

Bruce at a glance

Typical home value
$150K
▲ 3.7% in a year · Zillow
Ten-year trend

Typical home value, 2016–2026

BruceMississippi
$75K$100K$125K$150K$175K$200K 20182020202220242026 Bruce $150K Mississippi $198K
Show as a table
JanuaryBruceMississippi
2017$99,000$138,000
2018$96,000$140,000
2019$99,000$144,000
2020$106,000$150,000
2021$118,000$162,000
2022$138,000$185,000
2023$139,000$188,000
2024$141,000$188,000
2025$152,000$195,000
2026$143,000$195,000
August 2026$150,000$198,000
New construction

2 new homes permitted in 2025

Builders were permitted 2 new homes in Bruce in 2025, all single-family houses. That's 1.3 per 1,000 residents, slower than across Mississippi (4). Over the past 10 years, Bruce has permitted 8 homes in all.

New homes, 2025
2
3 in 2024
2026 so far
2
Jan–Aug
Per 1,000 residents
1.3
Mississippi: 4
Single-family
100%
of 2025’s new homes
Single-family2026 so far
0123 2013: 0 homes 2013 2014: 0 homes 2015: 0 homes 2015 2016: 0 homes 2017: 0 homes 2018: 0 homes 2019: 0 homes 2020: 0 homes 2020 2021: 0 homes 2022: 0 homes 2023: 3 homes 2024: 3 homes 2025: 2 homes 2025 2026 so far: 2 homes
Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)220$599,000
2025220$592,000
2024330$908,000
2023330$859,000
2022000—
2021000—
2020000—
2019000—
2018000—
2017000—
2016000—
2015000—
2014000—
2013000—

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

Affordability

5.6 years of income

The typical Bruce home costs about 5.6 years of the town's median household income, more than across Mississippi (3.5 years).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
41.4%
Mississippi: 70%
Median tax bill
$938
Mississippi: $1,215
Median rent
$643
Mississippi: $954
Typical home built
1974
Mississippi: 1986

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,170

HUD's Fair Market Rent for a two-bedroom in Bruce is $1,170 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Bruce pay a median of $643, so moving in tends to cost more than staying put. A two-bedroom takes about 52% of the town's median household income, above the 30% guideline for affordable housing.

1 bedroom
$990
a month, with utilities
2 bedrooms
$1,170
a month, with utilities
3 bedrooms
$1,470
a month, with utilities
Share of income
52%
2 bedrooms ÷ median income

Studio $990 · 4 bedrooms $1,550

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (38915; Calhoun County, MS), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01