Market Overview
Home Prices in Oak Vale, MS
The median home value in Oak Vale, MS is $106,670 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 5.8% compared to a year ago and down 6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Oak Vale are priced74% below average.
Price History
Oak Vale Home Price Trend
2022
$140,382
$140K
—
2023
$122,610
$123K
-12.7%
2024
$120,389
$120K
-1.8%
2025
$113,214
$113K
-6.0%
2026
$106,670
$107K
-5.8%
City Comparison
Oak Vale vs. National Median
🏠 Oak Vale
$106,670
National Median
$410,000
At $106,670, homes in Oak Vale cost 74% below the national median of $410,000. This makes Oak Vale a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Oak Vale?
20% Down Payment
$21,334
on $106,670
Monthly P&I
$556/mo
30-yr @ 6.8%
Total Monthly Est.
~$706/mo
incl. taxes & insurance
Income Needed
$28,240
gross annual (30% rule)
10% Down Option
$10,667
+ PMI applies
Loan Amount (20% dn)
$85,336
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 Oak Vale, MS?
The median home value in Oak Vale is $106,670 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 5.8% year-over-year.
How much have home prices changed in Oak Vale?
Over the past year, home values in Oak Vale have decreased by 5.8%.
How much do I need to earn to buy a home in Oak Vale?
To comfortably afford the median home price of $106,670 with a 20% down payment ($21,334) at today's rates (6.8%), you'd need a gross annual income of approximately $28,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Oak Vale compare to the national average home price?
The national median home value is approximately $410,000. At $106,670, homes in Oak Vale are 74% below the national average.