Market Overview
Home Prices in Sumner, MS
The median home value in Sumner, MS is $118,376 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 6.7% compared to a year ago and down 8.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Sumner are priced71% below average.
Over the past five years, Sumner home values have fallen by approximately40.0%, reflecting softening conditions in this market.
Price History
Sumner Home Price Trend
2021
$197,283
$197K
—
2022
$218,782
$219K
+10.9%
2023
$165,574
$166K
-24.3%
2024
$139,209
$139K
-15.9%
2025
$126,881
$127K
-8.9%
2026
$118,376
$118K
-6.7%
City Comparison
Sumner vs. National Median
🏠 Sumner
$118,376
National Median
$410,000
At $118,376, homes in Sumner cost 71% below the national median of $410,000. This makes Sumner a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Sumner?
20% Down Payment
$23,675
on $118,376
Monthly P&I
$617/mo
30-yr @ 6.8%
Total Monthly Est.
~$784/mo
incl. taxes & insurance
Income Needed
$31,360
gross annual (30% rule)
10% Down Option
$11,838
+ PMI applies
Loan Amount (20% dn)
$94,701
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 Sumner, MS?
The median home value in Sumner is $118,376 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 6.7% year-over-year.
How much have home prices changed in Sumner?
Over the past year, home values in Sumner have decreased by 6.7%. Over five years, prices have fallen approximately 40.0%.
How much do I need to earn to buy a home in Sumner?
To comfortably afford the median home price of $118,376 with a 20% down payment ($23,675) at today's rates (6.8%), you'd need a gross annual income of approximately $31,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Sumner compare to the national average home price?
The national median home value is approximately $410,000. At $118,376, homes in Sumner are 71% below the national average.