Market Overview
Home Prices in Derma, MS
The median home value in Derma, MS is $84,051 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 6.6% compared to a year ago and down 4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Derma are priced79% below average.
Over the past five years, Derma home values have risen by approximately8.6%, reflecting steady appreciation in this market.
Price History
Derma Home Price Trend
2021
$77,385
$77K
—
2022
$83,697
$84K
+8.2%
2023
$92,507
$93K
+10.5%
2024
$93,717
$94K
+1.3%
2025
$89,967
$90K
-4.0%
2026
$84,051
$84K
-6.6%
City Comparison
Derma vs. National Median
🏠 Derma
$84,051
National Median
$410,000
At $84,051, homes in Derma cost 79% below the national median of $410,000. This makes Derma a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Derma?
20% Down Payment
$16,810
on $84,051
Monthly P&I
$438/mo
30-yr @ 6.8%
Total Monthly Est.
~$556/mo
incl. taxes & insurance
Income Needed
$22,240
gross annual (30% rule)
10% Down Option
$8,405
+ PMI applies
Loan Amount (20% dn)
$67,241
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 Derma, MS?
The median home value in Derma is $84,051 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 6.6% year-over-year.
How much have home prices changed in Derma?
Over the past year, home values in Derma have decreased by 6.6%. Over five years, prices have risen approximately 8.6%.
How much do I need to earn to buy a home in Derma?
To comfortably afford the median home price of $84,051 with a 20% down payment ($16,810) at today's rates (6.8%), you'd need a gross annual income of approximately $22,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Derma compare to the national average home price?
The national median home value is approximately $410,000. At $84,051, homes in Derma are 79% below the national average.