Total monthly cost of ownership
Cost to Own a Home in Sardis, Mississippi
A $72,000 home here costs
$762per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $370. The real number is $392 higher every month — 106% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Sardis against Panola County and Mississippi
| Measure | Sardis | Panola County |
|---|---|---|
| Median home value | $72,100 | $121,500 |
| Median property tax | $638 | $935 |
| Effective tax rate | 0.885% | 0.770% |
| Median gross rent | $716 | $859 |
| Population | 2,525 | 32,965 |
The weather behind that power bill
Sardis sits in Panola County, which averages a high of 91.6°F in its hottest month and a low of 30.8°F in its coldest, with 57.89" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 2,023 cooling and 3,106 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Panola County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Panola County
Full Panola County cost breakdown · Every county in Mississippi
Common questions
How much does it cost to own a home in Sardis?
A $72,000 home in Sardis, Mississippi costs approximately $762 per month with 20% down at 6.66%. That is $370 principal and interest, $53 property tax, $65 homeowners insurance, $213 utilities and $60 set aside for maintenance.
What is the property tax rate in Sardis?
Sardis has an effective property tax rate of 0.885%, based on a median home value of $72,100 and median real estate taxes of $638. That is higher than the Panola County average of 0.770%.
What is the average home price in Sardis?
The median owner-occupied home value in Sardis, Mississippi is $72,100, against $121,500 across Panola County.
Is it cheaper to rent or buy in Sardis?
Median gross rent in Sardis is $716 a month, against $762 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Sardis — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Mississippi.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.