A typical Kokomo home is worth about $148,000
Up 8.1% in a year, 25% below the Mississippi typical home.
What kind of housing town is Kokomo?
Read from the numbers below. The page puts what stands out first.
Up 4.8% in five years
Slower than Mississippi (12.5%).
Show as a table
| January | Kokomo | Mississippi |
|---|---|---|
| 2022 | $153,000 | $185,000 |
| 2023 | $143,000 | $188,000 |
| 2024 | $139,000 | $188,000 |
| 2025 | $143,000 | $195,000 |
| 2026 | $141,000 | $195,000 |
| August 2026 | $148,000 | $198,000 |
A typical Kokomo home worth $134K in February 2021 is worth about $148K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
What it takes to buy in Kokomo
Try your own numbers below.
That covers a typical Kokomo home, with $75K to spare.
A two-bedroom rents for about $1,020 a month here, $150 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Mississippi typical property tax (0.72% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,020
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Marion County, MS): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Neighbors talk housing
What Kokomo buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
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. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.