Market Overview
Home Prices in Bassfield, MS
The median home value in Bassfield, MS is $111,079 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.1% compared to a year ago and up 3.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bassfield are priced73% below average.
Over the past five years, Bassfield home values have fallen by approximately2.8%, reflecting softening conditions in this market.
Price History
Bassfield Home Price Trend
2020
$98,229
$98K
—
2021
$114,249
$114K
+16.3%
2022
$114,940
$115K
+0.6%
2023
$100,292
$100K
-12.7%
2024
$99,248
$99K
-1.0%
2025
$102,768
$103K
+3.5%
2026
$111,079
$111K
+8.1%
City Comparison
Bassfield vs. National Median
🏠 Bassfield
$111,079
National Median
$410,000
At $111,079, homes in Bassfield cost 73% below the national median of $410,000. This makes Bassfield a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Bassfield?
20% Down Payment
$22,216
on $111,079
Monthly P&I
$579/mo
30-yr @ 6.8%
Total Monthly Est.
~$735/mo
incl. taxes & insurance
Income Needed
$29,400
gross annual (30% rule)
10% Down Option
$11,108
+ PMI applies
Loan Amount (20% dn)
$88,863
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Bassfield, MS?
The median home value in Bassfield is $111,079 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.1% year-over-year.
How much have home prices changed in Bassfield?
Over the past year, home values in Bassfield have increased by 8.1%. Over five years, prices have fallen approximately 2.8%.
How much do I need to earn to buy a home in Bassfield?
To comfortably afford the median home price of $111,079 with a 20% down payment ($22,216) at today's rates (6.8%), you'd need a gross annual income of approximately $29,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Bassfield compare to the national average home price?
The national median home value is approximately $410,000. At $111,079, homes in Bassfield are 73% below the national average.