Market Overview
Home Prices in Mendenhall, MS
The median home value in Mendenhall, MS is $145,469 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2% compared to a year ago and up 14.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mendenhall are priced65% below average. Mendenhall is part of the Jackson, MS metro area.
Over the past five years, Mendenhall home values have risen by approximately21.5%, reflecting strong long-term appreciation in this market.
Price History
Mendenhall Home Price Trend
City Comparison
Mendenhall vs. National Median
At $145,469, homes in Mendenhall cost 65% below the national median of $410,000. This makes Mendenhall a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Mendenhall?
20% Down Payment
$29,094
on $145,469
Monthly P&I
$759/mo
30-yr @ 6.8%
Total Monthly Est.
~$964/mo
incl. taxes & insurance
Income Needed
$38,560
gross annual (30% rule)
10% Down Option
$14,547
+ PMI applies
Loan Amount (20% dn)
$116,375
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 Mendenhall, MS?
The median home value in Mendenhall is $145,469 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2% year-over-year.
How much have home prices changed in Mendenhall?
Over the past year, home values in Mendenhall have increased by 2%. Over five years, prices have risen approximately 21.5%.
How much do I need to earn to buy a home in Mendenhall?
To comfortably afford the median home price of $145,469 with a 20% down payment ($29,094) at today's rates (6.8%), you'd need a gross annual income of approximately $38,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Mendenhall compare to the national average home price?
The national median home value is approximately $410,000. At $145,469, homes in Mendenhall are 65% below the national average.
What metro area is Mendenhall part of?
Mendenhall is part of the Jackson, MS metropolitan area. Home prices and market conditions can vary across the broader metro region.