Mississippi - Real Estate

Move to Mississippi

The state of Mississippi, the Magnolia State, is named for the great river that forms the state's western boundary and empties into the Gulf of Mexico. Mississippi's coast and inland rivers and lakes provide ample opportunities for outdoor recreation, including fishing, swimming and boating. Mississippi is bordered on the north by the state of Tennessee; on the east by Alabama, on the south by Louisiana and the Gulf of Mexico; and on the west by Louisiana and Arkansas (across the Mississippi River). The residents here are true Southerners and are proud of their famed hospitality and quality of life. From the rolling hills of the north to the sandy beaches along the Gulf of Mexico, a sense of history and heritage presides over the state of Mississippi. Some may find it surprising that Mississippi is heavily forested, with over half of the state's acreage covered by wild trees such as pine, cottonwood, elm, hickory, oak and pecan.

Real estate can be purchased in the larger, inland metropolitan cities for as little as $10,000 to more than $1.45 million for estate properties. Waterfront homes along the Gulf range from $20,000 up to $6 million. The median home price in Oxford, a popular retirement community, is $137,000. Mississippi has an overall median home price of $71,000. Mississippi has a favorable cost of living at 3% below the national average; housing costs are even better at 12% below the national average.

There is an abundance of affordable real estate available. New condominium and housing developments are located side-by-side with exquisite Victorian homes and turn-of-the-century mansions, shaded by ancient oaks trees and surrounded by stately azaleas. Land and lots are also available for custom homes. Neighborhoods with tree-lined streets, parks, schools and intimate retail and commercial districts, serve to create a family-friendly atmosphere. Mississippi is proud to present 21 Certified Retirement Cities - the best hometowns for retirement living.

Mississippi's main industries consist of farming, oil, textiles, electronic equipment, transportation equipment and fishing. It also boasts an outstanding quality of life, a good public school system, affordable housing and a motivation toward change and prosperity. Mississippi has a wide variety of universities, colleges, junior colleges, community colleges and professional or trade schools.

Urban amenities are available in the form of gourmet dining, exciting nightlife and multiethnic cuisines. Whether your passion is for golf or tennis, casino gaming or outdoor recreational activities such as sport-fishing, Mississippi has something for everyone. A strong sense of community lends support to cultural endeavors like the Mississippi Symphony Orchestra, Mississippi Opera, numerous museums and other venues.

Mississippi has a warm, humid climate with long summers and short, mild winters. Temperatures average about 82 degrees in July and about 48 degrees in January.

To learn more about specific communities in Mississippi, request a Free Relocation Packet prepared by a HomeRoute Preferred™ local community expert. This exclusive guide will be customized to your specific home search and help you prepare for your upcoming move to Mississippi.

Information provided courtesy of HomeRoute.