A typical Renova home is worth roughly $106,000
Home prices around Renova have risen about 26% over the past 5 years. No new homes were permitted in 2025.
What kind of housing town is Renova?
Read from the numbers below. The page puts what stands out first.
A typical home costs 4.1 years of income
More than across Mississippi (3.5 years). Try your own numbers below.
That’s $8K short of a typical Renova home.
A two-bedroom rents for about $890 a month here, $230 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Renova’s typical property tax (1.20% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Home prices up 26% in 5 years
The federal house price index for the ZIP code around Renova rose 26% over the past 5 years, slower than across Mississippi (42%). Last year prices fell 4.9%.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Renova, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A two-bedroom rents for about $890
Renters already here pay a median of $735, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Bolivar County, MS): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
No new homes permitted in 2025
No permits for new homes were issued in Renova in 2025. The last year with any was 2024 (1 new home).
Between the 2010 and 2020 censuses, Renova gained 8 residents while 95 new homes were permitted: about 0.1 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 1 | 1 | 0 | $250,000 |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 1 | 1 | 0 | $180,000 |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 17 | 17 | 0 | $2.8 million |
| 2020 | 14 | 14 | 0 | $2.3 million |
| 2019 | 13 | 13 | 0 | $2.1 million |
| 2018 | 12 | 12 | 0 | $2 million |
| 2017 | 11 | 11 | 0 | $1.8 million |
| 2016 | 10 | 10 | 0 | $1.6 million |
| 2015 | 9 | 9 | 0 | $1.5 million |
| 2014 | 8 | 8 | 0 | $1.3 million |
| 2013 | 9 | 9 | 0 | $1.5 million |
| 2012 | 8 | 8 | 0 | $1.3 million |
| 2011 | 7 | 7 | 0 | $1.1 million |
| 2010 | 8 | 8 | 0 | $1.3 million |
| 2009 | 3 | 3 | 0 | $264,000 |
| 2008 | 4 | 4 | 0 | $352,000 |
| 2007 | 11 | 11 | 0 | $1.1 million |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
48% of Renova households own their home
Half of Renova’s homes were built before 1994.
Mississippi: 70% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Neighbors talk housing
What Renova buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. 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. Price trend: Federal Housing Finance Agency House Price Index. 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.