Market Overview
Home Prices in Clarksdale, MS
The median home value in Clarksdale, MS is $45,707 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 6.9% compared to a year ago and up 0% from two years prior.
Compared to the U.S. national median of $410,000, homes in Clarksdale are priced89% below average. Clarksdale is part of the Clarksdale, MS metro area.
Over the past five years, Clarksdale home values have fallen by approximately34.0%, reflecting softening conditions in this market.
Price History
Clarksdale Home Price Trend
City Comparison
Clarksdale vs. National Median
At $45,707, homes in Clarksdale cost 89% below the national median of $410,000. This makes Clarksdale a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Clarksdale?
20% Down Payment
$9,141
on $45,707
Monthly P&I
$238/mo
30-yr @ 6.8%
Total Monthly Est.
~$302/mo
incl. taxes & insurance
Income Needed
$12,080
gross annual (30% rule)
10% Down Option
$4,571
+ PMI applies
Loan Amount (20% dn)
$36,566
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 Clarksdale, MS?
The median home value in Clarksdale is $45,707 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 6.9% year-over-year.
How much have home prices changed in Clarksdale?
Over the past year, home values in Clarksdale have decreased by 6.9%. Over five years, prices have fallen approximately 34.0%.
How much do I need to earn to buy a home in Clarksdale?
To comfortably afford the median home price of $45,707 with a 20% down payment ($9,141) at today's rates (6.8%), you'd need a gross annual income of approximately $12,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Clarksdale compare to the national average home price?
The national median home value is approximately $410,000. At $45,707, homes in Clarksdale are 89% below the national average.
What metro area is Clarksdale part of?
Clarksdale is part of the Clarksdale, MS metropolitan area. Home prices and market conditions can vary across the broader metro region.