Market Overview
Home Prices in Benoit, MS
The median home value in Benoit, MS is $170,794 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.5% compared to a year ago and up 1.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Benoit are priced58% below average. Benoit is part of the Cleveland, MS metro area.
Over the past five years, Benoit home values have fallen by approximately9.0%, reflecting softening conditions in this market.
Price History
Benoit Home Price Trend
2020
$212,866
$213K
—
2021
$187,617
$188K
-11.9%
2022
$197,170
$197K
+5.1%
2023
$173,491
$173K
-12.0%
2024
$173,218
$173K
-0.2%
2025
$175,225
$175K
+1.2%
2026
$170,794
$171K
-2.5%
City Comparison
Benoit vs. National Median
🏠 Benoit
$170,794
National Median
$410,000
At $170,794, homes in Benoit cost 58% below the national median of $410,000. This makes Benoit a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Benoit?
20% Down Payment
$34,159
on $170,794
Monthly P&I
$891/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,132/mo
incl. taxes & insurance
Income Needed
$45,280
gross annual (30% rule)
10% Down Option
$17,079
+ PMI applies
Loan Amount (20% dn)
$136,635
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 Benoit, MS?
The median home value in Benoit is $170,794 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.5% year-over-year.
How much have home prices changed in Benoit?
Over the past year, home values in Benoit have decreased by 2.5%. Over five years, prices have fallen approximately 9.0%.
How much do I need to earn to buy a home in Benoit?
To comfortably afford the median home price of $170,794 with a 20% down payment ($34,159) at today's rates (6.8%), you'd need a gross annual income of approximately $45,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Benoit compare to the national average home price?
The national median home value is approximately $410,000. At $170,794, homes in Benoit are 58% below the national average.
What metro area is Benoit part of?
Benoit is part of the Cleveland, MS metropolitan area. Home prices and market conditions can vary across the broader metro region.