Hernando, MS — Momentum Score, Home Values & Best-For

DeSoto County · Memphis · population 18,542

Small-town feel
View watchlist →
69
Rising
Momentum score · 0–100

Where Hernando stands

At or near all-time high.

Median home $346,954
1-year +2.0%
5-yr CAGR +4.3%
vs 5-yr peak +0.0%
Population +2.0%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2026-04$347k$194k$249k$305k$361k201620182020202220242026

Lifestyle scores

🚶
Walkability
32/100
Very car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
15/100
Transit limited
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
81/100
Excellent for remote work
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$2,080/mo$1,696$1,973$2,25020242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent10310910020242026

Rent vs buy

Price-to-rent ratio: 13.9
Buy

At a 13.9 price-to-rent ratio, buying generally beats renting in Hernando on a long-enough horizon. The headline math is that one year of mortgage payments approximates 13.9 years of rent — well below the 15+ threshold where ownership starts to dominate.

How the momentum score breaks down

methodology →
Home YoY
60 · w22%
Home 5-yr CAGR
61 · w22%
Distance from peak
90 · w18%
Population growth
80 · w16%
Rent YoY
61 · w12%
Home 10-yr CAGR
63 · w10%
Long thesis

Hernando has held up across the cycle: home values at $346,954 with +4.3% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.

Short thesis

Hernando's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.

About Hernando

Hernando is a city in DeSoto County, Mississippi, with an estimated population of 18,542. It anchors the Memphis metro area. The population grew 2.0% annually from 2020 to 2024, a moderate gain. The median home value in Hernando is $346,954 as of 2026-04, up 2.0% over the last 12 months. Over the last five years, home values have averaged +4.3% annual growth, with prices at or near the 5-year peak. Rents in Hernando average $2,080 per month, roughly flat year-over-year (+2.4%). The composite momentum score is 69 of 100 (Rising). The market is healthy with prices supported by underlying demand.

Bull case

Net positive migration: population up 2.0% per year — demand fundamentals are intact.
Held the highs: currently +0.0% from the 5-year peak — this market refused to give back gains.

Bear case

Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

Playbook

Buyer

You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.

Seller

Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.

Investor

Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.

Local safety & alerts

No active National Weather Service alerts for DeSoto County right now.

Public-safety links are official .gov sources, not curated by us. DeSoto County routes NWS alerts; check the state EM portal for non-weather emergencies.

Cities like Hernando

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
56° / 36°
avg high / low
Summer (Jul)
91° / 72°
avg high / low
Sunny days/yr
216
~59% of year
Annual precip
59″ rain
1″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very high
Tornado
Very high
Wildfire
Low
Earthquake
Low
Flood
High

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Local sports teams

Major professional teams the Memphis area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Hernando listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local economy & environment

Humidity
75%
Very humid climate
Median household income
$52,700
Mississippi state median
Top industries (state-level)
ManufacturingHealthcareAgriculture

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

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