Market Overview
Home Prices in Goodman, MS
The median home value in Goodman, MS is $78,309 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 7.4% compared to a year ago and up 6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Goodman are priced81% below average. Goodman is part of the Jackson, MS metro area.
Over the past five years, Goodman home values have fallen by approximately13.9%, reflecting softening conditions in this market.
Price History
Goodman Home Price Trend
2021
$90,989
$91K
—
2022
$105,064
$105K
+15.5%
2023
$84,849
$85K
-19.2%
2024
$79,810
$80K
-5.9%
2025
$84,611
$85K
+6.0%
2026
$78,309
$78K
-7.4%
City Comparison
Goodman vs. National Median
🏠 Goodman
$78,309
National Median
$410,000
At $78,309, homes in Goodman cost 81% below the national median of $410,000. This makes Goodman a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Goodman?
20% Down Payment
$15,662
on $78,309
Monthly P&I
$408/mo
30-yr @ 6.8%
Total Monthly Est.
~$518/mo
incl. taxes & insurance
Income Needed
$20,720
gross annual (30% rule)
10% Down Option
$7,831
+ PMI applies
Loan Amount (20% dn)
$62,647
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 Goodman, MS?
The median home value in Goodman is $78,309 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 7.4% year-over-year.
How much have home prices changed in Goodman?
Over the past year, home values in Goodman have decreased by 7.4%. Over five years, prices have fallen approximately 13.9%.
How much do I need to earn to buy a home in Goodman?
To comfortably afford the median home price of $78,309 with a 20% down payment ($15,662) at today's rates (6.8%), you'd need a gross annual income of approximately $20,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Goodman compare to the national average home price?
The national median home value is approximately $410,000. At $78,309, homes in Goodman are 81% below the national average.
What metro area is Goodman part of?
Goodman is part of the Jackson, MS metropolitan area. Home prices and market conditions can vary across the broader metro region.