Market Overview
Home Prices in Bay Springs, MS
The median home value in Bay Springs, MS is $142,146 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 4.6% compared to a year ago and down 6.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bay Springs are priced65% below average. Bay Springs is part of the Laurel, MS metro area.
Over the past five years, Bay Springs home values have fallen by approximately9.0%, reflecting softening conditions in this market.
Price History
Bay Springs Home Price Trend
City Comparison
Bay Springs vs. National Median
At $142,146, homes in Bay Springs cost 65% below the national median of $410,000. This makes Bay Springs a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Bay Springs?
20% Down Payment
$28,429
on $142,146
Monthly P&I
$741/mo
30-yr @ 6.8%
Total Monthly Est.
~$941/mo
incl. taxes & insurance
Income Needed
$37,640
gross annual (30% rule)
10% Down Option
$14,215
+ PMI applies
Loan Amount (20% dn)
$113,717
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 Bay Springs, MS?
The median home value in Bay Springs is $142,146 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 4.6% year-over-year.
How much have home prices changed in Bay Springs?
Over the past year, home values in Bay Springs have decreased by 4.6%. Over five years, prices have fallen approximately 9.0%.
How much do I need to earn to buy a home in Bay Springs?
To comfortably afford the median home price of $142,146 with a 20% down payment ($28,429) at today's rates (6.8%), you'd need a gross annual income of approximately $37,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Bay Springs compare to the national average home price?
The national median home value is approximately $410,000. At $142,146, homes in Bay Springs are 65% below the national average.
What metro area is Bay Springs part of?
Bay Springs is part of the Laurel, MS metropolitan area. Home prices and market conditions can vary across the broader metro region.