Market Overview
Home Prices in Senatobia, MS
The median home value in Senatobia, MS is $248,701 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.7% compared to a year ago and up 0.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Senatobia are priced39% below average. Senatobia is part of the Memphis, TN-MS-AR metro area.
Over the past five years, Senatobia home values have risen by approximately29.2%, reflecting strong long-term appreciation in this market.
Price History
Senatobia Home Price Trend
City Comparison
Senatobia vs. National Median
At $248,701, homes in Senatobia cost 39% below the national median of $410,000. This makes Senatobia a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Senatobia?
20% Down Payment
$49,740
on $248,701
Monthly P&I
$1,297/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,647/mo
incl. taxes & insurance
Income Needed
$65,880
gross annual (30% rule)
10% Down Option
$24,870
+ PMI applies
Loan Amount (20% dn)
$198,961
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 Senatobia, MS?
The median home value in Senatobia is $248,701 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.7% year-over-year.
How much have home prices changed in Senatobia?
Over the past year, home values in Senatobia have increased by 4.7%. Over five years, prices have risen approximately 29.2%.
How much do I need to earn to buy a home in Senatobia?
To comfortably afford the median home price of $248,701 with a 20% down payment ($49,740) at today's rates (6.8%), you'd need a gross annual income of approximately $65,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Senatobia compare to the national average home price?
The national median home value is approximately $410,000. At $248,701, homes in Senatobia are 39% below the national average.
What metro area is Senatobia part of?
Senatobia is part of the Memphis, TN-MS-AR metropolitan area. Home prices and market conditions can vary across the broader metro region.