Mississippi— Property Tax & Closing Costs
2024 Census dataEffective tax rate
0.93%
of assessed value annually
Median home value
$100,300
2024 ACS survey
Median taxes paid
$930/yr
2024 data
Sunflower County's 0.93% effective property tax rate falls in the middle 50% of US counties — close to the national median of 0.81%. Within Mississippi's 81 counties, it's the 9th highest. On the county's median home value of $100,300, the typical homeowner pays $930 annually in property tax — $699 less than the national median of $1,629. Mississippi charges no state real estate transfer tax, which keeps closing costs here lower than high-transfer-tax states like New York, Pennsylvania, or Delaware. FEMA data shows 18.5% of the county's land area sits within a Special Flood Hazard Area — a high exposure level that may trigger mandatory flood insurance on mortgaged properties.
Calculate your true cost
Enter any purchase price to see the full cost breakdown for Sunflower County.
County median: $100,300
Leave at $0 if the property has no homeowners association.
LTV: 80.00%
At closing
Monthly ongoing
Year one
High flood risk. Flood insurance likely required by your lender. Verify the flood zone at msc.fema.gov.
All figures are estimates for planning purposes only. Mortgage payment assumes a 30-year fixed rate of 6.8% — your lender will confirm the actual rate. Closing costs vary by lender and transaction. Consult a licensed real estate attorney and lender before making any financial decisions.
Mississippi property tax exemptions
Ways buyers in Sunflower County may reduce their annual property tax. These programs apply statewide; verify county specifics with your local assessor.
Regular Homestead Exemption
Mississippi homeowners under 65 who own and occupy a primary residence qualify for a homestead exemption providing up to ~$300 in tax credit against ad valorem taxes.
View official source →Over-65 / Disabled Homestead Exemption
Starting January 1, 2026, qualified homeowners age 65+ or totally disabled are exempt from ad valorem tax on up to $12,500 of assessed value (increased from $7,500).
View official source →Disabled Veterans Exemption
Veterans who are honorably discharged and 100% service-connected disabled receive a full ad valorem tax exemption on the homestead. Also available to unremarried surviving spouses.
View official source →Last verified 2026-04. Exemption amounts and eligibility change frequently — always confirm with your county assessor before claiming.
Frequently asked questions
Answers to common questions about buying a home in Sunflower County.
The effective property tax rate in Sunflower County is 0.93% — calculated as the median annual property tax paid ($930) divided by the median home value ($100,300), using 2024 US Census ACS 5-year estimates. Your actual bill depends on your purchase price, homestead or senior exemptions, and any special assessments applied in your taxing district.
No. Mississippi does not impose a state real estate transfer tax, which keeps closing costs in Sunflower County lower than in states like New York, Pennsylvania, or Delaware where transfer taxes can add thousands of dollars at closing.
Partially. 18.5% of Sunflower County's land area lies within a FEMA Special Flood Hazard Area. Whether flood insurance is required depends on your specific property — check msc.fema.gov before making an offer.
Closing costs for a buyer in Sunflower County typically run $2,006–$5,015 (2–5% of purchase price) on a median-priced home, including title insurance ($800–$2,000), appraisal ($400–$700), home inspection ($350–$600), recording fees ($100–$300), and loan origination (0.5–1.0% of the loan amount). Use the calculator above for a specific estimate at your purchase price.
Data sources for Sunflower County
Every figure on this page is traceable. Verify the numbers yourself against the original public data.
Source for the 0.93% effective property tax rate, median home value, and median taxes paid (ACS 5-year, 2024 vintage).
Source for county-level flood zone exposure, wildfire risk, and other natural hazard ratings. Updated quarterly by FEMA.
Look up a specific property's flood zone and insurance rate map before making an offer on a home in Sunflower County.
Guides for Mississippi home buyers
What every buyer should read before making an offer.
HOA Documents
HOA lawsuits — how to check for pending litigation against your future HOA before you close
A buyer closed on a house and only then found out about ongoing HOA lawsuits. Six checks you can run yourself before your contingencies expire.
Read the guide →HOA Documents
Undisclosed HOA special assessment — what you can do if you find out after closing
HOA special assessment not on the disclosure? One buyer got a $15,000 bill the day after closing. How to catch it before — and what to do after.
Read the guide →