Market Overview
Home Prices in Louise, MS
The median home value in Louise, MS is $88,954 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.9% compared to a year ago and down 2.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Louise are priced78% below average.
Over the past five years, Louise home values have risen by approximately14.4%, reflecting steady appreciation in this market.
Price History
Louise Home Price Trend
2020
$66,267
$66K
—
2021
$77,771
$78K
+17.4%
2022
$85,464
$85K
+9.9%
2023
$78,876
$79K
-7.7%
2024
$85,870
$86K
+8.9%
2025
$84,018
$84K
-2.2%
2026
$88,954
$89K
+5.9%
City Comparison
Louise vs. National Median
🏠 Louise
$88,954
National Median
$410,000
At $88,954, homes in Louise cost 78% below the national median of $410,000. This makes Louise a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Louise?
20% Down Payment
$17,791
on $88,954
Monthly P&I
$464/mo
30-yr @ 6.8%
Total Monthly Est.
~$589/mo
incl. taxes & insurance
Income Needed
$23,560
gross annual (30% rule)
10% Down Option
$8,895
+ PMI applies
Loan Amount (20% dn)
$71,163
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 Louise, MS?
The median home value in Louise is $88,954 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.9% year-over-year.
How much have home prices changed in Louise?
Over the past year, home values in Louise have increased by 5.9%. Over five years, prices have risen approximately 14.4%.
How much do I need to earn to buy a home in Louise?
To comfortably afford the median home price of $88,954 with a 20% down payment ($17,791) at today's rates (6.8%), you'd need a gross annual income of approximately $23,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Louise compare to the national average home price?
The national median home value is approximately $410,000. At $88,954, homes in Louise are 78% below the national average.