Market Overview
Home Prices in Gloster, MS
The median home value in Gloster, MS is $95,458 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 12.9% compared to a year ago and down 1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Gloster are priced77% below average.
Over the past five years, Gloster home values have fallen by approximately16.1%, reflecting softening conditions in this market.
Price History
Gloster Home Price Trend
2020
$103,992
$104K
—
2021
$113,843
$114K
+9.5%
2022
$118,389
$118K
+4.0%
2023
$113,321
$113K
-4.3%
2024
$110,773
$111K
-2.2%
2025
$109,646
$110K
-1.0%
2026
$95,458
$95K
-12.9%
City Comparison
Gloster vs. National Median
🏠 Gloster
$95,458
National Median
$410,000
At $95,458, homes in Gloster cost 77% below the national median of $410,000. This makes Gloster a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Gloster?
20% Down Payment
$19,092
on $95,458
Monthly P&I
$498/mo
30-yr @ 6.8%
Total Monthly Est.
~$632/mo
incl. taxes & insurance
Income Needed
$25,280
gross annual (30% rule)
10% Down Option
$9,546
+ PMI applies
Loan Amount (20% dn)
$76,366
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 Gloster, MS?
The median home value in Gloster is $95,458 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 12.9% year-over-year.
How much have home prices changed in Gloster?
Over the past year, home values in Gloster have decreased by 12.9%. Over five years, prices have fallen approximately 16.1%.
How much do I need to earn to buy a home in Gloster?
To comfortably afford the median home price of $95,458 with a 20% down payment ($19,092) at today's rates (6.8%), you'd need a gross annual income of approximately $25,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Gloster compare to the national average home price?
The national median home value is approximately $410,000. At $95,458, homes in Gloster are 77% below the national average.