Byhalia, MS housing market
The typical Byhalia home is worth about $276,000, up 1.6% in a year, 39% above the Mississippi typical home.
Home values, sales, trends and how Byhalia compares with the towns next door — updated as new data is published.
Byhalia at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
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| January | Byhalia | Mississippi |
|---|---|---|
| 2017 | $156,000 | $138,000 |
| 2018 | $165,000 | $140,000 |
| 2019 | $174,000 | $144,000 |
| 2020 | $191,000 | $150,000 |
| 2021 | $216,000 | $162,000 |
| 2022 | $242,000 | $185,000 |
| 2023 | $252,000 | $188,000 |
| 2024 | $258,000 | $188,000 |
| 2025 | $270,000 | $195,000 |
| 2026 | $277,000 | $195,000 |
| August 2026 | $276,000 | $198,000 |
56 new homes permitted in 2025
Builders were permitted 56 new homes in Byhalia in 2025: 25 single-family houses and 31 in buildings with two or more homes, worth about $12.1 million to build. That's 35 per 1,000 residents, faster than across Mississippi (4). Over the past 10 years, Byhalia has permitted 135 homes in all.
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| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 84 | 84 | 0 | $20.9 million |
| 2025 | 56 | 25 | 31 | $12.1 million |
| 2024 | 36 | 36 | 0 | $10.6 million |
| 2023 | 4 | 4 | 0 | $1.5 million |
| 2022 | 5 | 5 | 0 | $1.2 million |
| 2021 | 3 | 3 | 0 | $733,000 |
| 2020 | 20 | 20 | 0 | $2.4 million |
| 2019 | 5 | 5 | 0 | $498,000 |
| 2018 | 5 | 5 | 0 | $463,000 |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 1 | 1 | 0 | $90,000 |
| 2015 | 1 | 1 | 0 | $122,000 |
| 2014 | 1 | 1 | 0 | $97,000 |
| 2013 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 8 | 8 | 0 | $985,000 |
| 2001 | 1 | 1 | 0 | $250,000 |
| 2000 | 3 | 3 | 0 | $251,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
7.2 years of income
The typical Byhalia home costs about 7.2 years of the town's median household income, more than across Mississippi (3.5 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,330
HUD's Fair Market Rent for a two-bedroom in Byhalia is $1,330 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Byhalia pay a median of $439, so moving in tends to cost more than staying put. A two-bedroom takes about 41% of the town's median household income, above the 30% guideline for affordable housing.
Studio $1,020 · 4 bedrooms $2,170
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (38611; Memphis, TN-MS-AR HUD Metro FMR Area), 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, May 2026. 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.