Coldwater, Mississippi.
Typical home $253,365 (+3.7% in a year). Memphis, TN-MS-AR metro.
to buy the typical home at today's mortgage rate — +$716 (+117%) since Jan 2020.
- 1 year
- Up $9,144 +4%
- $244,221$253,365 since Sep 2025
- 5 years
- Up $49,130 +24%
- $204,236$253,365 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Coldwater$1,330
- Mississippi$1,021
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 16 years.
Typical home values in Coldwater, MS rose 3.7% over the past year — faster than the nation's +1.2%.
Living in Coldwater, Tate County, Mississippi
Coldwater is a town of 1,381 people in Tate County. Unemployment in Tate County was 3.1% in August 2026, and the county had 3.8% more jobs in 2025 than the year before. The most people in Tate County work in schools and health care, then transport and warehouses.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Coldwater is a small Mississippi town in Tate County, home to a small population that knows one another's names. Winters are mild and rarely bring snow, with January the coldest month and chilly rather than harsh days. Summers turn hot by August, and the year brings plenty of rain. Few adults in town hold a four-year degree, and homes are priced in a middle range for the region.
Work. Residents work mostly in schools, hospitals and social care, with many others in transport, warehouses and utilities, manufacturing, and professional and business services. Across Tate County, Northwest Mississippi Community College, Walmart and Highland Hills Medical Center are among the largest workplaces. Unemployment across the county has eased over the past year, and the county has added jobs. The typical commute is a moderate drive, and almost no one works from home.
Things to do. Arkabutla Lake, a reservoir a short drive away, is the nearest spot for time on the water. A longer drive brings Sardis Lake, another reservoir, and Wall Doxey State Park, a protected area for walking and picnics. The Stax Museum, a longer drive away, suits a day spent on music history.
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- 7%of adults have a degree
- 24 mintypical commute
- 0%work from home
What people in Tate County work in
Employed residents by industry, from the Census survey. Tate County had 6,604 jobs in 2025, 3.8% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 52° and lows near 31°; warmest in August, with highs near 92° and lows near 70°. About 58 inches of rain a year, and little or no snow.
Average daily high and low, 1991–2020, at the Senatobia weather station, 4 miles away (NOAA).
Largest workplaces in Tate County
- ABAir circuit breakers manufacturing784
- Northwest Mississippi Community CollegeTwo-year college769
- Senatobia Municipal School DistSchool district306FTE
- Tate CO School DistSchool district294FTE
- WalmartWarehouse clubs and supercenters275
- Highland Hills Medical CenterGeneral hospital68FTE
- FXIPolyurethane foam products manufacturing58
- Providence PCC of SenatobiaBuilding, apartment, rental or leasing50
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 7 workplaces with 20 or more staff, 1,251 people in all across the county; Coldwater has one of its own. Colleges come from IPEDS (NCES, 2023–24), school districts from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- TornadoesRelatively high
- Heat wavesRelatively high
- LightningRelatively high
- Cold wavesRelatively high
- DroughtRelatively moderate
- EarthquakesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Coldwater’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Tate County and the Memphis, TN-MS-AR metro.
Coldwater home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Coldwater$253,365
- Mississippi$194,531
- United States$366,157
Sellers are cutting prices on about 1 in 3 Coldwater listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Coldwater32.11%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Coldwater28
New listings per month
Sellers arriving at the market.
- Coldwater8
Zip codes with a Coldwater address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Coldwater — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.