Market Overview
Home Prices in New Houlka, MS
The median home value in New Houlka, MS is $152,485 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.2% compared to a year ago and up 7.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in New Houlka are priced63% below average. New Houlka is part of the Tupelo, MS metro area.
Over the past five years, New Houlka home values have risen by approximately8.5%, reflecting steady appreciation in this market.
Price History
New Houlka Home Price Trend
City Comparison
New Houlka vs. National Median
At $152,485, homes in New Houlka cost 63% below the national median of $410,000. This makes New Houlka a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in New Houlka?
20% Down Payment
$30,497
on $152,485
Monthly P&I
$795/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,010/mo
incl. taxes & insurance
Income Needed
$40,400
gross annual (30% rule)
10% Down Option
$15,249
+ PMI applies
Loan Amount (20% dn)
$121,988
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 New Houlka, MS?
The median home value in New Houlka is $152,485 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.2% year-over-year.
How much have home prices changed in New Houlka?
Over the past year, home values in New Houlka have increased by 5.2%. Over five years, prices have risen approximately 8.5%.
How much do I need to earn to buy a home in New Houlka?
To comfortably afford the median home price of $152,485 with a 20% down payment ($30,497) at today's rates (6.8%), you'd need a gross annual income of approximately $40,400. This assumes keeping total housing costs at or below 30% of gross income.
How does New Houlka compare to the national average home price?
The national median home value is approximately $410,000. At $152,485, homes in New Houlka are 63% below the national average.
What metro area is New Houlka part of?
New Houlka is part of the Tupelo, MS metropolitan area. Home prices and market conditions can vary across the broader metro region.