Market Overview
Home Prices in Cary, MS
The median home value in Cary, MS is $118,372 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.8% compared to a year ago and down 3.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cary are priced71% below average.
Price History
Cary Home Price Trend
2022
$138,046
$138K
—
2023
$119,062
$119K
-13.8%
2024
$120,036
$120K
+0.8%
2025
$116,323
$116K
-3.1%
2026
$118,372
$118K
+1.8%
City Comparison
Cary vs. National Median
🏠 Cary
$118,372
National Median
$410,000
At $118,372, homes in Cary cost 71% below the national median of $410,000. This makes Cary a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cary?
20% Down Payment
$23,674
on $118,372
Monthly P&I
$617/mo
30-yr @ 6.8%
Total Monthly Est.
~$784/mo
incl. taxes & insurance
Income Needed
$31,360
gross annual (30% rule)
10% Down Option
$11,837
+ PMI applies
Loan Amount (20% dn)
$94,698
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 Cary, MS?
The median home value in Cary is $118,372 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.8% year-over-year.
How much have home prices changed in Cary?
Over the past year, home values in Cary have increased by 1.8%.
How much do I need to earn to buy a home in Cary?
To comfortably afford the median home price of $118,372 with a 20% down payment ($23,674) at today's rates (6.8%), you'd need a gross annual income of approximately $31,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Cary compare to the national average home price?
The national median home value is approximately $410,000. At $118,372, homes in Cary are 71% below the national average.