Market Overview
Home Prices in Pelahatchie, MS
The median home value in Pelahatchie, MS is $222,734 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.9% compared to a year ago and up 2.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Pelahatchie are priced46% below average. Pelahatchie is part of the Jackson, MS metro area.
Over the past five years, Pelahatchie home values have risen by approximately16.6%, reflecting steady appreciation in this market.
Price History
Pelahatchie Home Price Trend
City Comparison
Pelahatchie vs. National Median
At $222,734, homes in Pelahatchie cost 46% below the national median of $410,000. This makes Pelahatchie a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Pelahatchie?
20% Down Payment
$44,547
on $222,734
Monthly P&I
$1,162/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,476/mo
incl. taxes & insurance
Income Needed
$59,040
gross annual (30% rule)
10% Down Option
$22,273
+ PMI applies
Loan Amount (20% dn)
$178,187
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 Pelahatchie, MS?
The median home value in Pelahatchie is $222,734 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.9% year-over-year.
How much have home prices changed in Pelahatchie?
Over the past year, home values in Pelahatchie have increased by 3.9%. Over five years, prices have risen approximately 16.6%.
How much do I need to earn to buy a home in Pelahatchie?
To comfortably afford the median home price of $222,734 with a 20% down payment ($44,547) at today's rates (6.8%), you'd need a gross annual income of approximately $59,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Pelahatchie compare to the national average home price?
The national median home value is approximately $410,000. At $222,734, homes in Pelahatchie are 46% below the national average.
What metro area is Pelahatchie part of?
Pelahatchie is part of the Jackson, MS metropolitan area. Home prices and market conditions can vary across the broader metro region.