Market Overview
Home Prices in Enterprise, MS
The median home value in Enterprise, MS is $151,731 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.9% compared to a year ago and down 5.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Enterprise are priced63% below average. Enterprise is part of the Meridian, MS metro area.
Over the past five years, Enterprise home values have fallen by approximately1.0%, reflecting softening conditions in this market.
Price History
Enterprise Home Price Trend
City Comparison
Enterprise vs. National Median
At $151,731, homes in Enterprise cost 63% below the national median of $410,000. This makes Enterprise a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Enterprise?
20% Down Payment
$30,346
on $151,731
Monthly P&I
$791/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,005/mo
incl. taxes & insurance
Income Needed
$40,200
gross annual (30% rule)
10% Down Option
$15,173
+ PMI applies
Loan Amount (20% dn)
$121,385
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 Enterprise, MS?
The median home value in Enterprise is $151,731 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.9% year-over-year.
How much have home prices changed in Enterprise?
Over the past year, home values in Enterprise have decreased by 1.9%. Over five years, prices have fallen approximately 1.0%.
How much do I need to earn to buy a home in Enterprise?
To comfortably afford the median home price of $151,731 with a 20% down payment ($30,346) at today's rates (6.8%), you'd need a gross annual income of approximately $40,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Enterprise compare to the national average home price?
The national median home value is approximately $410,000. At $151,731, homes in Enterprise are 63% below the national average.
What metro area is Enterprise part of?
Enterprise is part of the Meridian, MS metropolitan area. Home prices and market conditions can vary across the broader metro region.