Market Overview
Home Prices in Ovett, MS
The median home value in Ovett, MS is $176,012 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.2% compared to a year ago and down 5.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ovett are priced57% below average. Ovett is part of the Laurel, MS metro area.
Over the past five years, Ovett home values have risen by approximately4.9%, reflecting modest growth in this market.
Price History
Ovett Home Price Trend
2020
$150,606
$151K
—
2021
$167,786
$168K
+11.4%
2022
$185,211
$185K
+10.4%
2023
$180,267
$180K
-2.7%
2024
$183,567
$184K
+1.8%
2025
$173,962
$174K
-5.2%
2026
$176,012
$176K
+1.2%
City Comparison
Ovett vs. National Median
🏠 Ovett
$176,012
National Median
$410,000
At $176,012, homes in Ovett cost 57% below the national median of $410,000. This makes Ovett a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Ovett?
20% Down Payment
$35,202
on $176,012
Monthly P&I
$918/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,166/mo
incl. taxes & insurance
Income Needed
$46,640
gross annual (30% rule)
10% Down Option
$17,601
+ PMI applies
Loan Amount (20% dn)
$140,810
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 Ovett, MS?
The median home value in Ovett is $176,012 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.2% year-over-year.
How much have home prices changed in Ovett?
Over the past year, home values in Ovett have increased by 1.2%. Over five years, prices have risen approximately 4.9%.
How much do I need to earn to buy a home in Ovett?
To comfortably afford the median home price of $176,012 with a 20% down payment ($35,202) at today's rates (6.8%), you'd need a gross annual income of approximately $46,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Ovett compare to the national average home price?
The national median home value is approximately $410,000. At $176,012, homes in Ovett are 57% below the national average.
What metro area is Ovett part of?
Ovett is part of the Laurel, MS metropolitan area. Home prices and market conditions can vary across the broader metro region.