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Housing in Vardaman

A typical Vardaman home is worth about $129,000

Down 4.9% in a year, 35% below the Mississippi typical home.

Typical home value
$129K
▼ 4.9% in a year · MS $198K
Zillow
2-bedroom rent
$840
a month, utilities in · HUD
Median tax bill
$1,115
MS $1,215

What kind of housing town is Vardaman?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 3.4 years of income

About the same as across Mississippi. Try your own numbers below.

You could afford about
$127,000
Typical Vardaman home $129K

That’s $2K short of a typical Vardaman home.

The typical home, each month
$900
Loan $640Tax $220Insurance $40

A two-bedroom rents for about $840 a month here, $60 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Vardaman’s typical property tax (2.07% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Down 8% in five years

Slower than Mississippi (12.5%).

VardamanMississippi
$125K$150K$175K$200K202220242026
Show as a table
JanuaryVardamanMississippi
2022$149,000$185,000
2023$153,000$188,000
2024$148,000$188,000
2025$153,000$195,000
2026$132,000$195,000
August 2026$129,000$198,000
Then & now

A typical Vardaman home worth $133K in February 2021 is worth about $129K today.

−$4K
−4.9%
past year
−8%
past 5 years
−3.2%
since 2021

Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.

Renting

A two-bedroom rents for about $840

Renters already here pay a median of $465, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$640
1 bedroom$640
2 bedrooms$840
3 bedrooms$1,170
4 bedrooms$1,420
26%
of households rent · MS 30%
89
renter households
45%
of renters spend 30%+ of income on rent · MS 51%
26%
of the median income, for a two-bedroom
$465
median rent paid today · Census

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

New construction

No new homes permitted in 2025

No permits for new homes were issued in Vardaman in 2025. The last year with any was 2018 (3 new homes).

Single-family
0123 200020052010201520202025
0
new homes permitted in 2025
0
2026 so far (Jan–Aug)
8
homes in the past 10 years
Homes vs. people, 2010–2020
Residents−206
New homes+17

Between the 2010 and 2020 censuses, Vardaman's population fell by 206 even though 17 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year.

Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025000—
2024000—
2023000—
2022000—
2021000—
2020000—
2019000—
2018330$450,000
2017330$450,000
2016220$300,000
2015220$300,000
2014220$300,000
2013220$300,000
2012110$150,000
2011110$150,000
2010110$150,000
2009110$150,000
2008220$300,000
2007220$300,000
2006220$300,000
2005220$300,000
2004220$300,000
2003110$150,000
2002110$150,000
2001110$103,000
2000110$103,000

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

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

The homes

74% of Vardaman households own their home

Half of Vardaman’s homes were built before 1983.

Owners and renters
Own 74%Rent 26%

Mississippi: 70% own.

1983
typical home built · MS 1986
$1,115
median property tax bill · MS $1,215
2.07%
of a home’s value, a year in tax · MS 0.72%

U.S. Census Bureau, American Community Survey 2020-2024.

Neighbors talk housing

What Vardaman buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Vardaman still affordable for young families?

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Start the conversation

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. The calculator is an estimate, not a loan offer.

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