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Home values, rents and more in Raleigh, MS

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$147,000
Mississippi: $195,000 · U.S.: $366,000
Home values, past year
−6.3%
Mississippi: +2.2% · U.S.: +1.2%
Population
1,118
ACS 2020–24
Median household income
$61,667
Mississippi: $56,447 · U.S.: $80,734
ZIP codes around Raleigh, MS, shaded by typical home valueRaleigh39153
  • Under $150k
  • $150k–$160k
  • $160k–$170k
  • $170k+
  • No data
ZIP codes around Raleigh, MS, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Raleigh is outlined.

How Raleigh compares

The typical home in Raleigh, MS is worth about $147,000, according to the Zillow Home Value Index for September 2026. Home values in Raleigh are 24% below the typical value in Mississippi ($195,000) and 60% below the U.S. typical value ($366,000).

Over the past year, home values in Raleigh fell 6.3%, compared with +2.2% in Mississippi and +1.2% nationally.

The median household income is $61,667, against $56,447 in Mississippi and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 1,118 people live in Raleigh (American Community Survey 2020–24).

Raleigh has the 134th-lowest typical home value of the 276 cities in Mississippi with Zillow figures.

Part of: Smith County, MS · Mississippi

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in Raleigh, MS

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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