$12,000
Nottingham Dr Lot 10
Booneville, MS
0 ba
Land16,553 sqft lot
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Compass Real Estate · Booneville, MS
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Booneville, MS(512) 555-0184TX License #0512847
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Booneville, MS Housing Market
Balanced market+6.5% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Booneville, MS is worth $148,174, rose 6.5% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $169,475, -8.3% year over year (through May 2026). With 3.3 months of supply and homes going under contract in about 27 days, Booneville is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $148,174 home is about $791/mo in principal and interest.
Key numbers for Booneville, MS
Typical home value
$148,174
+6.5% in 12 months
Zillow, August 2026
Median sale price
$169,475
-8.3% year over year
Redfin, through May 2026
Days on market
27
Average pace
Redfin, through May 2026
Active listings
26
3.3 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$50,112
Home costs 3.0x income
U.S. Census ACS, 2023
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Booneville a buyer's or seller's market?
Balanced market3.3 months of supply27 days on market
Booneville, MS is a balanced market, based on 3.3 months of supply and homes selling in about 27 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Booneville housing market data show?
Every row below is Redfin's final published month for Booneville, MS. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $169,475 |
| Median list price | $107,500 |
| Year-over-year price change | -8.3% |
| Median price per sq ft | $122/sq ft |
| Median days on market | 27 days |
| Active inventory | 26 listings |
| Months of supply | 3.3 months |
| Homes sold (that month) | 8 |
| New listings (that month) | 8 |
| Listings with a price cut | 26.9% |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Booneville is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Booneville is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Booneville home prices moved?
Over the last three years the median sale price in Booneville, MS fell 40.5%, from $285,000 to $169,475. The live Zillow value series has rose 6.5% in the last 12 months, which is the more current read now that Redfin's series has stopped. 26.9% of Booneville listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Booneville?
Priced off the typical home value of $148,174 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $29,635 | $118,539 | $791/mo |
| 5% | $7,409 | $140,765 | $939/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $791, that implies roughly $33,901 a year before you add taxes and insurance. The median household in Booneville earns $50,112, about $16,211 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.0x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Booneville in the next 12 months?
Tell us your timeline. We send the Booneville market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Booneville?
Zillow does not publish a rent index (ZORI) for Booneville, MS, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Booneville?
Active listings in Booneville, MS went from 19 in May 2025 to 26 in May 2026, a +36.8% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 20 | 9 |
| July 2025 | 21 | 8 |
| August 2025 | 30 | 14 |
| September 2025 | 31 | 6 |
| October 2025 | 31 | 10 |
| November 2025 | 27 | 2 |
| December 2025 | 28 | 5 |
| January 2026 | 28 | 7 |
| February 2026 | 25 | 4 |
| March 2026 | 26 | 8 |
| April 2026 | 27 | 11 |
| May 2026 | 26 | 8 |
Redfin, through May 2026
How does Booneville compare to Mississippi and the U.S.?
Booneville homes sell for $169,475 — 40% below the Mississippi median of $284,300. Against the national median of $410,700, Booneville runs 59% lower. Year-over-year, Booneville moved -8.3% against Mississippi's +5.7% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Booneville, MS | $169,475 | -8.3% | 27 days |
| Mississippi statewide | $284,300 | +5.7% | 47 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Booneville
What buyers should watch
- Months of supply, currently 3.3. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 26.9%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $148 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $148,174 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Booneville listing goes under contract in 27 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- In the last published month Booneville added 8 new listings against 8 sales — more clearing than arriving, which is the better window to list.
- Your equity moved +6.5% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Booneville varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Booneville
There are currently 26 homes listed for sale in Booneville, Mississippi. The median listing price is $108K. Featured listings range from $12,000 to $340,000.
$21,000
Tidwell Dr
Booneville, MS
0 ba
Land9.00 acres
View photos & details
$25,000
County 1251 Rd Lot 342
Booneville, MS
0 ba
Land2.20 acres
View photos & details
$43,000
County Road 1161
Booneville, MS
0 ba
Land5.70 acres
View photos & details
$89,900
202 Hotel St
Booneville, MS
4 bd3 ba2,600 sqft$35/ft²
House20,038 sqft lot
View photos & details
$95,000
761 Highway 4
Booneville, MS
3 bd2 ba1,280 sqft$74/ft²
Mobile home17,424 sqft lot
View photos & details
$149,900
99 W Franks Rd
Booneville, MS
2 bd2 ba1,133 sqft$132/ft²
House12,226 sqft lot
View photos & details
$165,000
112 Terry St
Booneville, MS
3 bd2 ba1,473 sqft$112/ft²
House17,424 sqft lot
View photos & details
$208,000
508 Adams St
Booneville, MS
3 bd2 ba1,800 sqft$116/ft²
House21,580 sqft lot
View photos & details
$247,500
803 W College St
Booneville, MS
4 bd3 ba2,090 sqft$118/ft²
House2,178 sqft lot
View photos & details
$299,500
20 County Road 7060
Booneville, MS
3 bd3 ba3,115 sqft$96/ft²
House3.00 acres
View photos & details
$340,000
12 County Road 7026
Booneville, MS
3 bd3 ba2,600 sqft$131/ft²
House2.50 acres
View photos & details
Looking to buy in Booneville?
Get connected with a local real estate expert — free, no obligation.
Active listings
26
Homes on market
Median list price
$108K
Avg. days on market
27
Days until sale
New this week
8
Newly listed
Price drops:26.9%of listings
How much do homes cost in Booneville by property type?
How the Booneville, MS market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $169,475 | $122/sq ft | 8 | 27 days |
Who lives in Booneville?
American Community Survey estimates for Booneville. U.S. Census ACS, 2023
Population
9,060
Households
3,400
Median income
$50,112/yr
Median age
34.5 years
Owner-occupied
72.9%
Median home value
$123,500
Median gross rent
$615/mo
Mean commute
19.3 min
72.9% of occupied homes in Booneville are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $123,500 against Zillow's $148,174 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve Booneville?
9 schools tracked · 3,101 students
The largest public schools serving Booneville, MS by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
WHEELER HIGH SCHOOL
Grades PK-12 · 609 students
ANDERSON ELEMENTARY SCHOOL
Grades PK-4 · 545 students
THRASHER HIGH SCHOOL
Grades PK-12 · 436 students
HILLS CHAPEL SCHOOL
Grades PK-8 · 412 students
R.H. LONG BOONEVILLE MIDDLE SCHOOL
Grades 5-8 · 410 students
BOONEVILLE HIGH SCHOOL
Grades 9-12 · 365 students
JUMPERTOWN HIGH SCHOOL
Grades PK-12 · 324 students
NORTHEAST MS REGIONAL ALTERNATIVE
Grades 5-12
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Booneville, MS?
Ordered by distance from Booneville, not by size. Compare Booneville side by side with any of them.
Booneville housing market FAQ
Is Booneville a buyer's or seller's market?
Booneville, MS is currently a balanced market. That read comes from 3.3 months of supply, homes going under contract in about 27 days in the last month Redfin published (May 2026).
How much do homes cost in Booneville?
The typical home in Booneville, MS is worth $148,174 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $169,475, about $122 per square foot.
Is Booneville cheaper than the rest of Mississippi?
Booneville's median sale price of $169,475 is 40% lower than the Mississippi statewide median of $284,300, and 59% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Booneville?
Homes in Booneville, MS spent a median of 27 days on market before going under contract, versus 47 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Booneville?
At the current 30-year fixed rate of 7.03%, 20% down on a $148,174 home is about $791 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $33,901 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $50,112.
Are home prices rising in Booneville?
The typical home value in Booneville, MS rose 6.5% over the last 12 months, from $139,115 to $148,174 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Booneville?
Booneville ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Booneville?
That depends on your timeline, not on a headline. What the data says today: Booneville, MS is a balanced market with 3.3 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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