Market Overview
Home Prices in Walnut, MS
The median home value in Walnut, MS is $158,158 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.5% compared to a year ago and up 5.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Walnut are priced61% below average. Walnut is part of the Corinth, MS metro area.
Over the past five years, Walnut home values have risen by approximately16.5%, reflecting steady appreciation in this market.
Price History
Walnut Home Price Trend
2020
$118,518
$119K
—
2021
$135,782
$136K
+14.6%
2022
$149,102
$149K
+9.8%
2023
$141,010
$141K
-5.4%
2024
$143,892
$144K
+2.0%
2025
$151,383
$151K
+5.2%
2026
$158,158
$158K
+4.5%
City Comparison
Walnut vs. National Median
🏠 Walnut
$158,158
National Median
$410,000
At $158,158, homes in Walnut cost 61% below the national median of $410,000. This makes Walnut a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Walnut?
20% Down Payment
$31,632
on $158,158
Monthly P&I
$825/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,048/mo
incl. taxes & insurance
Income Needed
$41,920
gross annual (30% rule)
10% Down Option
$15,816
+ PMI applies
Loan Amount (20% dn)
$126,526
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 Walnut, MS?
The median home value in Walnut is $158,158 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.5% year-over-year.
How much have home prices changed in Walnut?
Over the past year, home values in Walnut have increased by 4.5%. Over five years, prices have risen approximately 16.5%.
How much do I need to earn to buy a home in Walnut?
To comfortably afford the median home price of $158,158 with a 20% down payment ($31,632) at today's rates (6.8%), you'd need a gross annual income of approximately $41,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Walnut compare to the national average home price?
The national median home value is approximately $410,000. At $158,158, homes in Walnut are 61% below the national average.
What metro area is Walnut part of?
Walnut is part of the Corinth, MS metropolitan area. Home prices and market conditions can vary across the broader metro region.