Housing · Senatobia

Senatobia, MS housing market

The typical Senatobia home is worth about $249,000, up 5.5% in a year, 26% above the Mississippi typical home. Homes typically sell in 116 days, close to asking.

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

The market right now

Senatobia at a glance

Typical home value
$249K
▲ 5.5% in a year · Zillow
Median sale price
$243K
May 2026 · Redfin
Days on market
116
Mississippi: 47 days
Sale-to-list
99.2%
Homes sell near asking
Homes sold
7
in May · 23 for sale
Market temperature

A seller's market

Buyer's marketBalancedSeller's market

Supply is tight — about 3.3 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.

Ten-year trend

Typical home value, 2016–2026

SenatobiaMississippi
$125K$150K$175K$200K$225K$250K 20182020202220242026 Senatobia $249K Mississippi $198K
Show as a table
JanuarySenatobiaMississippi
2017$141,000$138,000
2018$149,000$140,000
2019$157,000$144,000
2020$169,000$150,000
2021$183,000$162,000
2022$207,000$185,000
2023$224,000$188,000
2024$230,000$188,000
2025$232,000$195,000
2026$242,000$195,000
August 2026$249,000$198,000
New construction

27 new homes permitted in 2025

Builders were permitted 27 new homes in Senatobia in 2025, all single-family houses, worth about $6.3 million to build. That's 3.2 per 1,000 residents, about the pace of Mississippi as a whole. Over the past 10 years, Senatobia has permitted 279 homes in all.

New homes, 2025
27
▼ 10% vs 2024
2026 so far
23
Jan–Aug · ▲ 21% vs last year
Per 1,000 residents
3.2
Mississippi: 4
Single-family
100%
of 2025’s new homes
Single-familyTwo or more homes per building2026 so far
050100150 2000: 27 homes (25 single-family, 2 in buildings with 2+ homes) 2000 2001: 44 homes 2002: 45 homes 2003: 52 homes 2004: 17 homes 2005: 40 homes 2005 2006: 39 homes 2007: 130 homes (50 single-family, 80 in buildings with 2+ homes) 2008: 23 homes 2009: 5 homes 2010: 13 homes 2010 2011: 10 homes 2012: 15 homes 2013: 5 homes 2014: 7 homes 2015: 7 homes (5 single-family, 2 in buildings with 2+ homes) 2015 2016: 19 homes (11 single-family, 8 in buildings with 2+ homes) 2017: 13 homes 2018: 33 homes 2019: 34 homes 2020: 37 homes 2020 2021: 33 homes 2022: 27 homes 2023: 26 homes 2024: 30 homes 2025: 27 homes 2025 2026 so far: 23 homes

Homes vs. people, 2010–2020

Residents+189
New homes+156

Between the 2010 and 2020 censuses, Senatobia gained 189 residents while 156 new homes were permitted: about 1.2 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year.

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)23230$5.4 million
202527270$6.3 million
202430300$6.9 million
202326260$6.3 million
202227270$6.5 million
202133330$8 million
202037370$8.7 million
201934340$7.3 million
201833330$6.3 million
201713130$2.4 million
201619118$3 million
2015752$991,000
2014770$1.1 million
2013550$600,000
201215150$1.9 million
201110100$1.3 million
201013130$1.5 million
2009550$490,000
200823230$2.7 million
20071305080$13.5 million
200639390$3.6 million
200540400$3 million
200417170$1.6 million
200352520$3.9 million
200245450$3.8 million
200144440$3.6 million
200027252$2.7 million

Senatobia's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.

How Senatobia ranks on new homes being built →

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

Affordability

4.6 years of income

The typical Senatobia home costs about 4.6 years of the town's median household income, more than across Mississippi (3.5 years).

How Senatobia ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
53.7%
Mississippi: 70%
Median tax bill
$1,673
Mississippi: $1,215
Median rent
$895
Mississippi: $954
Typical home built
1985
Mississippi: 1986

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

Renting

A two-bedroom rents for about $1,060

HUD's Fair Market Rent for a two-bedroom in Senatobia is $1,060 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Senatobia pay a median of $895, so moving in tends to cost more than staying put. A two-bedroom takes about 23% of the town's median household income.

1 bedroom
$810
a month, with utilities
2 bedrooms
$1,060
a month, with utilities
3 bedrooms
$1,300
a month, with utilities
Share of income
23%
2 bedrooms ÷ median income

Studio $800 · 4 bedrooms $1,500

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (38668; Tate County, MS 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.

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