Market Overview
Home Prices in Vardaman, MS
The median home value in Vardaman, MS is $121,009 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 8.8% compared to a year ago and down 4.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Vardaman are priced70% below average.
Over the past five years, Vardaman home values have fallen by approximately3.4%, reflecting softening conditions in this market.
Price History
Vardaman Home Price Trend
2021
$125,254
$125K
—
2022
$138,292
$138K
+10.4%
2023
$147,208
$147K
+6.4%
2024
$138,516
$139K
-5.9%
2025
$132,735
$133K
-4.2%
2026
$121,009
$121K
-8.8%
City Comparison
Vardaman vs. National Median
🏠 Vardaman
$121,009
National Median
$410,000
At $121,009, homes in Vardaman cost 70% below the national median of $410,000. This makes Vardaman a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Vardaman?
20% Down Payment
$24,202
on $121,009
Monthly P&I
$631/mo
30-yr @ 6.8%
Total Monthly Est.
~$801/mo
incl. taxes & insurance
Income Needed
$32,040
gross annual (30% rule)
10% Down Option
$12,101
+ PMI applies
Loan Amount (20% dn)
$96,807
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 Vardaman, MS?
The median home value in Vardaman is $121,009 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 8.8% year-over-year.
How much have home prices changed in Vardaman?
Over the past year, home values in Vardaman have decreased by 8.8%. Over five years, prices have fallen approximately 3.4%.
How much do I need to earn to buy a home in Vardaman?
To comfortably afford the median home price of $121,009 with a 20% down payment ($24,202) at today's rates (6.8%), you'd need a gross annual income of approximately $32,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Vardaman compare to the national average home price?
The national median home value is approximately $410,000. At $121,009, homes in Vardaman are 70% below the national average.