Market Overview
Home Prices in Itta Bena, MS
The median home value in Itta Bena, MS is $53,620 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 12.7% compared to a year ago and down 16.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Itta Bena are priced87% below average. Itta Bena is part of the Greenwood, MS metro area.
Price History
Itta Bena Home Price Trend
2024
$73,701
$74K
—
2025
$61,449
$61K
-16.6%
2026
$53,620
$54K
-12.7%
City Comparison
Itta Bena vs. National Median
🏠 Itta Bena
$53,620
National Median
$410,000
At $53,620, homes in Itta Bena cost 87% below the national median of $410,000. This makes Itta Bena a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Itta Bena?
20% Down Payment
$10,724
on $53,620
Monthly P&I
$280/mo
30-yr @ 6.8%
Total Monthly Est.
~$356/mo
incl. taxes & insurance
Income Needed
$14,240
gross annual (30% rule)
10% Down Option
$5,362
+ PMI applies
Loan Amount (20% dn)
$42,896
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 Itta Bena, MS?
The median home value in Itta Bena is $53,620 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 12.7% year-over-year.
How much have home prices changed in Itta Bena?
Over the past year, home values in Itta Bena have decreased by 12.7%.
How much do I need to earn to buy a home in Itta Bena?
To comfortably afford the median home price of $53,620 with a 20% down payment ($10,724) at today's rates (6.8%), you'd need a gross annual income of approximately $14,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Itta Bena compare to the national average home price?
The national median home value is approximately $410,000. At $53,620, homes in Itta Bena are 87% below the national average.
What metro area is Itta Bena part of?
Itta Bena is part of the Greenwood, MS metropolitan area. Home prices and market conditions can vary across the broader metro region.