Market Overview
Home Prices in Silver Creek, MS
The median home value in Silver Creek, MS is $116,279 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.6% compared to a year ago and down 3.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Silver Creek are priced72% below average.
Over the past five years, Silver Creek home values have fallen by approximately15.3%, reflecting softening conditions in this market.
Price History
Silver Creek Home Price Trend
2020
$119,383
$119K
—
2021
$137,293
$137K
+15.0%
2022
$147,085
$147K
+7.1%
2023
$132,186
$132K
-10.1%
2024
$122,640
$123K
-7.2%
2025
$118,157
$118K
-3.7%
2026
$116,279
$116K
-1.6%
City Comparison
Silver Creek vs. National Median
🏠 Silver Creek
$116,279
National Median
$410,000
At $116,279, homes in Silver Creek cost 72% below the national median of $410,000. This makes Silver Creek a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Silver Creek?
20% Down Payment
$23,256
on $116,279
Monthly P&I
$606/mo
30-yr @ 6.8%
Total Monthly Est.
~$770/mo
incl. taxes & insurance
Income Needed
$30,800
gross annual (30% rule)
10% Down Option
$11,628
+ PMI applies
Loan Amount (20% dn)
$93,023
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 Creek, MS?
The median home value in Silver Creek is $116,279 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.6% year-over-year.
How much have home prices changed in Silver Creek?
Over the past year, home values in Silver Creek have decreased by 1.6%. Over five years, prices have fallen approximately 15.3%.
How much do I need to earn to buy a home in Silver Creek?
To comfortably afford the median home price of $116,279 with a 20% down payment ($23,256) at today's rates (6.8%), you'd need a gross annual income of approximately $30,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Silver Creek compare to the national average home price?
The national median home value is approximately $410,000. At $116,279, homes in Silver Creek are 72% below the national average.