Market Overview
Home Prices in Silver City, MS
The median home value in Silver City, MS is $108,479 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.5% compared to a year ago and up 1.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Silver City are priced74% below average.
Over the past five years, Silver City home values have risen by approximately5.3%, reflecting steady appreciation in this market.
Price History
Silver City Home Price Trend
2020
$88,030
$88K
—
2021
$102,997
$103K
+17.0%
2022
$115,450
$115K
+12.1%
2023
$104,941
$105K
-9.1%
2024
$105,555
$106K
+0.6%
2025
$106,897
$107K
+1.3%
2026
$108,479
$108K
+1.5%
City Comparison
Silver City vs. National Median
🏠 Silver City
$108,479
National Median
$410,000
At $108,479, homes in Silver City cost 74% below the national median of $410,000. This makes Silver City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Silver City?
20% Down Payment
$21,696
on $108,479
Monthly P&I
$566/mo
30-yr @ 6.8%
Total Monthly Est.
~$719/mo
incl. taxes & insurance
Income Needed
$28,760
gross annual (30% rule)
10% Down Option
$10,848
+ PMI applies
Loan Amount (20% dn)
$86,783
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 Silver City, MS?
The median home value in Silver City is $108,479 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.5% year-over-year.
How much have home prices changed in Silver City?
Over the past year, home values in Silver City have increased by 1.5%. Over five years, prices have risen approximately 5.3%.
How much do I need to earn to buy a home in Silver City?
To comfortably afford the median home price of $108,479 with a 20% down payment ($21,696) at today's rates (6.8%), you'd need a gross annual income of approximately $28,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Silver City compare to the national average home price?
The national median home value is approximately $410,000. At $108,479, homes in Silver City are 74% below the national average.