Market Overview
Home Prices in Tunica, MS
The median home value in Tunica, MS is $147,616 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.8% compared to a year ago and down 6.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Tunica are priced64% below average. Tunica is part of the Memphis, TN-MS-AR metro area.
Over the past five years, Tunica home values have risen by approximately4.0%, reflecting modest growth in this market.
Price History
Tunica Home Price Trend
2020
$129,508
$130K
—
2021
$141,986
$142K
+9.6%
2022
$158,374
$158K
+11.5%
2023
$150,853
$151K
-4.7%
2024
$152,058
$152K
+0.8%
2025
$142,220
$142K
-6.5%
2026
$147,616
$148K
+3.8%
City Comparison
Tunica vs. National Median
🏠 Tunica
$147,616
National Median
$410,000
At $147,616, homes in Tunica cost 64% below the national median of $410,000. This makes Tunica a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Tunica?
20% Down Payment
$29,523
on $147,616
Monthly P&I
$770/mo
30-yr @ 6.8%
Total Monthly Est.
~$978/mo
incl. taxes & insurance
Income Needed
$39,120
gross annual (30% rule)
10% Down Option
$14,762
+ PMI applies
Loan Amount (20% dn)
$118,093
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 Tunica, MS?
The median home value in Tunica is $147,616 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.8% year-over-year.
How much have home prices changed in Tunica?
Over the past year, home values in Tunica have increased by 3.8%. Over five years, prices have risen approximately 4.0%.
How much do I need to earn to buy a home in Tunica?
To comfortably afford the median home price of $147,616 with a 20% down payment ($29,523) at today's rates (6.8%), you'd need a gross annual income of approximately $39,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Tunica compare to the national average home price?
The national median home value is approximately $410,000. At $147,616, homes in Tunica are 64% below the national average.
What metro area is Tunica part of?
Tunica is part of the Memphis, TN-MS-AR metropolitan area. Home prices and market conditions can vary across the broader metro region.