Market Overview
Home Prices in Magee, MS
The median home value in Magee, MS is $170,071 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.3% compared to a year ago and up 3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Magee are priced59% below average. Magee is part of the Jackson, MS metro area.
Over the past five years, Magee home values have risen by approximately4.1%, reflecting modest growth in this market.
Price History
Magee Home Price Trend
2020
$153,487
$153K
—
2021
$163,443
$163K
+6.5%
2022
$173,980
$174K
+6.4%
2023
$157,476
$157K
-9.5%
2024
$164,549
$165K
+4.5%
2025
$169,553
$170K
+3.0%
2026
$170,071
$170K
+0.3%
City Comparison
Magee vs. National Median
🏠 Magee
$170,071
National Median
$410,000
At $170,071, homes in Magee cost 59% below the national median of $410,000. This makes Magee a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Magee?
20% Down Payment
$34,014
on $170,071
Monthly P&I
$887/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,126/mo
incl. taxes & insurance
Income Needed
$45,040
gross annual (30% rule)
10% Down Option
$17,007
+ PMI applies
Loan Amount (20% dn)
$136,057
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 Magee, MS?
The median home value in Magee is $170,071 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.3% year-over-year.
How much have home prices changed in Magee?
Over the past year, home values in Magee have increased by 0.3%. Over five years, prices have risen approximately 4.1%.
How much do I need to earn to buy a home in Magee?
To comfortably afford the median home price of $170,071 with a 20% down payment ($34,014) at today's rates (6.8%), you'd need a gross annual income of approximately $45,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Magee compare to the national average home price?
The national median home value is approximately $410,000. At $170,071, homes in Magee are 59% below the national average.
What metro area is Magee part of?
Magee is part of the Jackson, MS metropolitan area. Home prices and market conditions can vary across the broader metro region.