Market Overview
Home Prices in Quitman, MS
The median home value in Quitman, MS is $104,723 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 7.1% compared to a year ago and down 11.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Quitman are priced74% below average. Quitman is part of the Meridian, MS metro area.
Over the past five years, Quitman home values have fallen by approximately9.0%, reflecting softening conditions in this market.
Price History
Quitman Home Price Trend
City Comparison
Quitman vs. National Median
At $104,723, homes in Quitman cost 74% below the national median of $410,000. This makes Quitman a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Quitman?
20% Down Payment
$20,945
on $104,723
Monthly P&I
$546/mo
30-yr @ 6.8%
Total Monthly Est.
~$693/mo
incl. taxes & insurance
Income Needed
$27,720
gross annual (30% rule)
10% Down Option
$10,472
+ PMI applies
Loan Amount (20% dn)
$83,778
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 Quitman, MS?
The median home value in Quitman is $104,723 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 7.1% year-over-year.
How much have home prices changed in Quitman?
Over the past year, home values in Quitman have decreased by 7.1%. Over five years, prices have fallen approximately 9.0%.
How much do I need to earn to buy a home in Quitman?
To comfortably afford the median home price of $104,723 with a 20% down payment ($20,945) at today's rates (6.8%), you'd need a gross annual income of approximately $27,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Quitman compare to the national average home price?
The national median home value is approximately $410,000. At $104,723, homes in Quitman are 74% below the national average.
What metro area is Quitman part of?
Quitman is part of the Meridian, MS metropolitan area. Home prices and market conditions can vary across the broader metro region.