Market Overview
Home Prices in Lena, MS
The median home value in Lena, MS is $171,858 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.3% compared to a year ago and down 1.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lena are priced58% below average. Lena is part of the Jackson, MS metro area.
Over the past five years, Lena home values have risen by approximately2.7%, reflecting modest growth in this market.
Price History
Lena Home Price Trend
City Comparison
Lena vs. National Median
At $171,858, homes in Lena cost 58% below the national median of $410,000. This makes Lena a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lena?
20% Down Payment
$34,372
on $171,858
Monthly P&I
$896/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,138/mo
incl. taxes & insurance
Income Needed
$45,520
gross annual (30% rule)
10% Down Option
$17,186
+ PMI applies
Loan Amount (20% dn)
$137,486
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 Lena, MS?
The median home value in Lena is $171,858 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.3% year-over-year.
How much have home prices changed in Lena?
Over the past year, home values in Lena have increased by 7.3%. Over five years, prices have risen approximately 2.7%.
How much do I need to earn to buy a home in Lena?
To comfortably afford the median home price of $171,858 with a 20% down payment ($34,372) at today's rates (6.8%), you'd need a gross annual income of approximately $45,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Lena compare to the national average home price?
The national median home value is approximately $410,000. At $171,858, homes in Lena are 58% below the national average.
What metro area is Lena part of?
Lena is part of the Jackson, MS metropolitan area. Home prices and market conditions can vary across the broader metro region.