c.1937 Mississippi Stone House For Sale on 1 Acre $105K

16120 Highway 397, Louisville, MS 39339  $105,000

• Contact Realtor: Kelly Wilson
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Pros of Living in Louisville, MS

Affordable Housing & Low Cost of Living

• Louisville earns high marks for affordability: the overall cost of living is about 25% below the U.S. average, and slightly below (or close to) the Mississippi average

• Median home prices range from $100,000 to $135,000+, about 60% lower than the national median, with rent around $360–$790/month, making it very budget-friendly

Strong Homeownership Rate & Diversity

• Approximately 61% of households own their homes, which is roughly on par with national averages and shows residential stability

• The town is racially diverse: around 65% African American, 33% White, with smaller percentages of other racial groups—higher diversity than many nearby towns

Walkability & Commute

• Louisville is reported to be quite walkable downtown, and residents enjoy a shorter average commute (~20 minutes) compared to rural norms

Small-Town Community Vibe

• Many residents describe Louisville as a tight-knit, family-friendly place—ideal for retirees or families on a budget

• Outdoor recreation is accessible with Legion State Park and Nanih Waiya State Park just outside the city

Cons of Living in Louisville, MS

Economic Challenges

• Median household income hovers around $32,000–$38,000, substantially below state and national averages

• Poverty is widespread—around 30% of residents live below the poverty line—and unemployment often is higher than state and national levels

• Job market is rated low (C+ or worse), with scarce well-paying opportunities beyond local manufacturing or healthcare

Crime & Safety Concerns

• Crime is significantly higher than state and national averages—with Louisville’s rate around 3,177 incidents per 100,000 people, roughly 78% above Mississippi’s average

• Both violent and property crime rates are elevated, though trends may improve over time

Education & Schools

• Local public schools underperform: high school graduation rates are low (around 70%), and overall school performance is rated poorly compared to state averages .

• Some private school options exist (e.g. Winston Academy, founded as a segregation academy), though they may not serve or appeal to many families .

Limited Amenities & Services

• Amenities—like retail, healthcare, and leisure—are limited. Residents often travel to nearby towns for shopping or services .

• Public transit is virtually nonexistent, nearly all commuters rely on personal vehicles .

• Health and safety infrastructure is lacking; hospitals and medical centers are scarce, although air quality is good .

Climate & Regional Factors

• Summers are hot and humid, winters are mild but rainy. The climate may feel oppressive during peak heat months .

• Broader Mississippi context includes concerns about systemic inequalities, underfunded social services, and poor healthcare outcomes .