Market Overview
Home Prices in New Site, MS
The median home value in New Site, MS is $142,636 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.4% compared to a year ago and down 0.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in New Site are priced65% below average. New Site is part of the Tupelo, MS metro area.
Over the past five years, New Site home values have risen by approximately2.1%, reflecting modest growth in this market.
Price History
New Site Home Price Trend
2021
$139,770
$140K
—
2022
$154,934
$155K
+10.8%
2023
$142,458
$142K
-8.1%
2024
$143,541
$144K
+0.8%
2025
$143,198
$143K
-0.2%
2026
$142,636
$143K
-0.4%
City Comparison
New Site vs. National Median
🏠 New Site
$142,636
National Median
$410,000
At $142,636, homes in New Site cost 65% below the national median of $410,000. This makes New Site a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in New Site?
20% Down Payment
$28,527
on $142,636
Monthly P&I
$744/mo
30-yr @ 6.8%
Total Monthly Est.
~$945/mo
incl. taxes & insurance
Income Needed
$37,800
gross annual (30% rule)
10% Down Option
$14,264
+ PMI applies
Loan Amount (20% dn)
$114,109
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 Site, MS?
The median home value in New Site is $142,636 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.4% year-over-year.
How much have home prices changed in New Site?
Over the past year, home values in New Site have decreased by 0.4%. Over five years, prices have risen approximately 2.1%.
How much do I need to earn to buy a home in New Site?
To comfortably afford the median home price of $142,636 with a 20% down payment ($28,527) at today's rates (6.8%), you'd need a gross annual income of approximately $37,800. This assumes keeping total housing costs at or below 30% of gross income.
How does New Site compare to the national average home price?
The national median home value is approximately $410,000. At $142,636, homes in New Site are 65% below the national average.
What metro area is New Site part of?
New Site is part of the Tupelo, MS metropolitan area. Home prices and market conditions can vary across the broader metro region.