Home › States › Mississippi › Waveland
The median home value in Waveland, MS is $218,171 as of 2026-07-31, up 1.01% from a year earlier.
Median Home Value
$218,171
Year-over-Year
+1.01%
Population
6,923
Waveland ranks #17 of 35 Mississippi cities tracked here by median home value, and sits 0.4% above the state's city median of $217,267. It sits in Hancock County, where the county-wide median is $238,272.
Median household income in Waveland is $68,693, so the typical home value is about 3.2× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Waveland police recorded a violent crime rate of 72 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 2,643 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Waveland, that value is $218,171. That's up 1.01% from a year earlier. It is about 0.4% above the typical Mississippi city tracked here.
Homes in Waveland are cheaper than Hancock County as a whole, where the median is $238,272 — a difference of about 8.4%.
Median household income here is $68,693, so the typical home value is about 3.2× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Waveland police reported 72 violent crimes per 100,000 residents, covering a population of about 6,923. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.
Petal · Hattiesburg · Richland · Byram · Tupelo · Pontotoc · New Albany · Horn Lake