Market Overview
Home Prices in Chunky, MS
The median home value in Chunky, MS is $156,692 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.2% compared to a year ago and down 9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Chunky are priced62% below average. Chunky is part of the Meridian, MS metro area.
Over the past five years, Chunky home values have fallen by approximately4.1%, reflecting softening conditions in this market.
Price History
Chunky Home Price Trend
City Comparison
Chunky vs. National Median
At $156,692, homes in Chunky cost 62% below the national median of $410,000. This makes Chunky a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Chunky?
20% Down Payment
$31,338
on $156,692
Monthly P&I
$817/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,038/mo
incl. taxes & insurance
Income Needed
$41,520
gross annual (30% rule)
10% Down Option
$15,669
+ PMI applies
Loan Amount (20% dn)
$125,354
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 Chunky, MS?
The median home value in Chunky is $156,692 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.2% year-over-year.
How much have home prices changed in Chunky?
Over the past year, home values in Chunky have increased by 2.2%. Over five years, prices have fallen approximately 4.1%.
How much do I need to earn to buy a home in Chunky?
To comfortably afford the median home price of $156,692 with a 20% down payment ($31,338) at today's rates (6.8%), you'd need a gross annual income of approximately $41,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Chunky compare to the national average home price?
The national median home value is approximately $410,000. At $156,692, homes in Chunky are 62% below the national average.
What metro area is Chunky part of?
Chunky is part of the Meridian, MS metropolitan area. Home prices and market conditions can vary across the broader metro region.