Market Overview
Home Prices in Raymond, MS
The median home value in Raymond, MS is $178,420 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 12.4% compared to a year ago and up 1.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Raymond are priced56% below average. Raymond is part of the Jackson, MS metro area.
Over the past five years, Raymond home values have risen by approximately17.2%, reflecting steady appreciation in this market.
Price History
Raymond Home Price Trend
2020
$135,292
$135K
—
2021
$152,277
$152K
+12.6%
2022
$162,502
$163K
+6.7%
2023
$164,757
$165K
+1.4%
2024
$155,922
$156K
-5.4%
2025
$158,742
$159K
+1.8%
2026
$178,420
$178K
+12.4%
City Comparison
Raymond vs. National Median
🏠 Raymond
$178,420
National Median
$410,000
At $178,420, homes in Raymond cost 56% below the national median of $410,000. This makes Raymond a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Raymond?
20% Down Payment
$35,684
on $178,420
Monthly P&I
$931/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,182/mo
incl. taxes & insurance
Income Needed
$47,280
gross annual (30% rule)
10% Down Option
$17,842
+ PMI applies
Loan Amount (20% dn)
$142,736
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 Raymond, MS?
The median home value in Raymond is $178,420 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 12.4% year-over-year.
How much have home prices changed in Raymond?
Over the past year, home values in Raymond have increased by 12.4%. Over five years, prices have risen approximately 17.2%.
How much do I need to earn to buy a home in Raymond?
To comfortably afford the median home price of $178,420 with a 20% down payment ($35,684) at today's rates (6.8%), you'd need a gross annual income of approximately $47,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Raymond compare to the national average home price?
The national median home value is approximately $410,000. At $178,420, homes in Raymond are 56% below the national average.
What metro area is Raymond part of?
Raymond is part of the Jackson, MS metropolitan area. Home prices and market conditions can vary across the broader metro region.