Market Overview
Home Prices in Inverness, MS
The median home value in Inverness, MS is $103,260 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.6% compared to a year ago and down 5.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Inverness are priced75% below average. Inverness is part of the Indianola, MS metro area.
Price History
Inverness Home Price Trend
2024
$112,949
$113K
—
2025
$107,066
$107K
-5.2%
2026
$103,260
$103K
-3.6%
City Comparison
Inverness vs. National Median
🏠 Inverness
$103,260
National Median
$410,000
At $103,260, homes in Inverness cost 75% below the national median of $410,000. This makes Inverness a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Inverness?
20% Down Payment
$20,652
on $103,260
Monthly P&I
$539/mo
30-yr @ 6.8%
Total Monthly Est.
~$685/mo
incl. taxes & insurance
Income Needed
$27,400
gross annual (30% rule)
10% Down Option
$10,326
+ PMI applies
Loan Amount (20% dn)
$82,608
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 Inverness, MS?
The median home value in Inverness is $103,260 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.6% year-over-year.
How much have home prices changed in Inverness?
Over the past year, home values in Inverness have decreased by 3.6%.
How much do I need to earn to buy a home in Inverness?
To comfortably afford the median home price of $103,260 with a 20% down payment ($20,652) at today's rates (6.8%), you'd need a gross annual income of approximately $27,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Inverness compare to the national average home price?
The national median home value is approximately $410,000. At $103,260, homes in Inverness are 75% below the national average.
What metro area is Inverness part of?
Inverness is part of the Indianola, MS metropolitan area. Home prices and market conditions can vary across the broader metro region.