Market Overview
Home Prices in Walls, MS
The median home value in Walls, MS is $262,455 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.8% compared to a year ago and up 0.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Walls are priced36% below average. Walls is part of the Memphis, TN-MS-AR metro area.
Over the past five years, Walls home values have risen by approximately23.9%, reflecting strong long-term appreciation in this market.
Price History
Walls Home Price Trend
City Comparison
Walls vs. National Median
At $262,455, homes in Walls cost 36% below the national median of $410,000. This makes Walls a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Walls?
20% Down Payment
$52,491
on $262,455
Monthly P&I
$1,369/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,739/mo
incl. taxes & insurance
Income Needed
$69,560
gross annual (30% rule)
10% Down Option
$26,246
+ PMI applies
Loan Amount (20% dn)
$209,964
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 Walls, MS?
The median home value in Walls is $262,455 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.8% year-over-year.
How much have home prices changed in Walls?
Over the past year, home values in Walls have increased by 1.8%. Over five years, prices have risen approximately 23.9%.
How much do I need to earn to buy a home in Walls?
To comfortably afford the median home price of $262,455 with a 20% down payment ($52,491) at today's rates (6.8%), you'd need a gross annual income of approximately $69,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Walls compare to the national average home price?
The national median home value is approximately $410,000. At $262,455, homes in Walls are 36% below the national average.
What metro area is Walls part of?
Walls is part of the Memphis, TN-MS-AR metropolitan area. Home prices and market conditions can vary across the broader metro region.