Market Overview
Home Prices in Canton, MS
The median home value in Canton, MS is $225,395 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.5% compared to a year ago and up 2.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Canton are priced45% below average. Canton is part of the Jackson, MS metro area.
Over the past five years, Canton home values have risen by approximately17.7%, reflecting steady appreciation in this market.
Price History
Canton Home Price Trend
2020
$175,265
$175K
—
2021
$191,529
$192K
+9.3%
2022
$207,177
$207K
+8.2%
2023
$213,612
$214K
+3.1%
2024
$218,106
$218K
+2.1%
2025
$224,201
$224K
+2.8%
2026
$225,395
$225K
+0.5%
City Comparison
Canton vs. National Median
🏠 Canton
$225,395
National Median
$410,000
At $225,395, homes in Canton cost 45% below the national median of $410,000. This makes Canton a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Canton?
20% Down Payment
$45,079
on $225,395
Monthly P&I
$1,176/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,494/mo
incl. taxes & insurance
Income Needed
$59,760
gross annual (30% rule)
10% Down Option
$22,540
+ PMI applies
Loan Amount (20% dn)
$180,316
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 Canton, MS?
The median home value in Canton is $225,395 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.5% year-over-year.
How much have home prices changed in Canton?
Over the past year, home values in Canton have increased by 0.5%. Over five years, prices have risen approximately 17.7%.
How much do I need to earn to buy a home in Canton?
To comfortably afford the median home price of $225,395 with a 20% down payment ($45,079) at today's rates (6.8%), you'd need a gross annual income of approximately $59,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Canton compare to the national average home price?
The national median home value is approximately $410,000. At $225,395, homes in Canton are 45% below the national average.
What metro area is Canton part of?
Canton is part of the Jackson, MS metropolitan area. Home prices and market conditions can vary across the broader metro region.