Market Overview
Home Prices in Guntown, MS
The median home value in Guntown, MS is $217,579 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.2% compared to a year ago and up 5.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Guntown are priced47% below average. Guntown is part of the Tupelo, MS metro area.
Over the past five years, Guntown home values have risen by approximately28.4%, reflecting strong long-term appreciation in this market.
Price History
Guntown Home Price Trend
City Comparison
Guntown vs. National Median
At $217,579, homes in Guntown cost 47% below the national median of $410,000. This makes Guntown a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Guntown?
20% Down Payment
$43,516
on $217,579
Monthly P&I
$1,135/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,441/mo
incl. taxes & insurance
Income Needed
$57,640
gross annual (30% rule)
10% Down Option
$21,758
+ PMI applies
Loan Amount (20% dn)
$174,063
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 Guntown, MS?
The median home value in Guntown is $217,579 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.2% year-over-year.
How much have home prices changed in Guntown?
Over the past year, home values in Guntown have increased by 5.2%. Over five years, prices have risen approximately 28.4%.
How much do I need to earn to buy a home in Guntown?
To comfortably afford the median home price of $217,579 with a 20% down payment ($43,516) at today's rates (6.8%), you'd need a gross annual income of approximately $57,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Guntown compare to the national average home price?
The national median home value is approximately $410,000. At $217,579, homes in Guntown are 47% below the national average.
What metro area is Guntown part of?
Guntown is part of the Tupelo, MS metropolitan area. Home prices and market conditions can vary across the broader metro region.