Market Overview
Home Prices in Flowood, MS
The median home value in Flowood, MS is $332,110 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.1% compared to a year ago and up 1.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Flowood are priced19% below average. Flowood is part of the Jackson, MS metro area.
Over the past five years, Flowood home values have risen by approximately21.5%, reflecting strong long-term appreciation in this market.
Price History
Flowood Home Price Trend
City Comparison
Flowood vs. National Median
At $332,110, homes in Flowood cost 19% below the national median of $410,000. This makes Flowood a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Flowood?
20% Down Payment
$66,422
on $332,110
Monthly P&I
$1,732/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,200/mo
incl. taxes & insurance
Income Needed
$88,000
gross annual (30% rule)
10% Down Option
$33,211
+ PMI applies
Loan Amount (20% dn)
$265,688
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 Flowood, MS?
The median home value in Flowood is $332,110 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.1% year-over-year.
How much have home prices changed in Flowood?
Over the past year, home values in Flowood have increased by 1.1%. Over five years, prices have risen approximately 21.5%.
How much do I need to earn to buy a home in Flowood?
To comfortably afford the median home price of $332,110 with a 20% down payment ($66,422) at today's rates (6.8%), you'd need a gross annual income of approximately $88,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Flowood compare to the national average home price?
The national median home value is approximately $410,000. At $332,110, homes in Flowood are 19% below the national average.
What metro area is Flowood part of?
Flowood is part of the Jackson, MS metropolitan area. Home prices and market conditions can vary across the broader metro region.