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Featured local agent — Tupelo, MS
Sarah Mitchell
Compass Real Estate · Tupelo, MS
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Tupelo, MS Housing Market & Real Estate
Housing market overview · Updated monthly ·
$269,000median sale price
How is the Tupelo, MS housing market right now?
The median home sale price in Tupelo, MS is $269,000, down 6.3% year-over-year. Homes sell in an average of 30 days with 130 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Tupelo a buyer's or seller's market?
Tupelo, MS is currently a strong seller's market, based on 2.8 months of supply and homes selling in about 30 days. How we determine this →
Homes sold
46
Last 12 weeks
Days on market
30
Average pace
Active listings
130
2.8 months supply
Sale-to-list
104.5%
Above asking
What does the Tupelo housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $269,000 |
| Median list price | $354,900 |
| Year-over-year price change | -6.3% |
| Average days on market | 30 days |
| Active inventory | 130 listings |
| Months of supply | 2.8 months |
| Sale-to-list price ratio | 104.5% |
| Median price per sq ft | $150/sq ft |
| Homes sold (latest month) | 46 |
| New listings (latest month) | 46 |
| Listings with a price cut | 25.4% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Tupelo by property type?
How the Tupelo, MS market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $294,200 | $155/sq ft | 42 | 32 days |
| Condo / Co-op | $193,000 | $116/sq ft | 1 | 7 days |
| Townhouse | $205,000 | $124/sq ft | 1 | 84 days |
Source: Redfin · Updated monthly
The Tupelo housing market is currently classified as a strong seller's market with a median sale price of $269,000. Prices have fallen 6.3% compared to last year, with homes spending an average of 30 days on market, indicating 2.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.3x provides context for how home values compare to local earning capacity.
Homes for sale in Tupelo
There are currently 130 homes listed for sale in Tupelo, Mississippi. The median listing price is $355K.
Active listings
130
Homes on market
Median list price
$355K
Avg. days on market
30
Days until sale
New this week
46
Newly listed
Who lives in Tupelo?
Population
37,825
Median income
$66,314/yr
Median age
38.4 years
Owner-occupied
62.7%
College grads
35.1%
Avg commute
19.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Tupelo?
Zillow home value
$217,619
Zillow rent index
$1,381/mo
Price-to-rent ratio
13.1x
Price-to-income
3.3x
Source: Zillow Research
What is it like to live in Tupelo?
Tupelo is a community of approximately 38K residents with a median age of 38.4 years.The median household income is $66,314, which represents a working-class community with solid middle-income opportunities. 35.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 62.7%, showing a blend of owner and renter-occupied properties. The average commute time is 19.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Tupelo offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Tupelo?
15 schools tracked · 7,134 students
The largest public schools serving Tupelo, 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.
TUPELO HIGH SCHOOL
Grades 9-12 · 2,101 students
TUPELO MIDDLE SCHOOL
Grades 7-8 · 1,062 students
MILAM ELEMENTARY SCHOOL
Grades 6 · 542 students
LAWHON ELEMENTARY SCHOOL
Grades 2-5 · 533 students
JOYNER ELEMENTARY SCHOOL
Grades K-2 · 430 students
PARKWAY ELEMENTARY SCHOOL
Grades K-2 · 428 students
THOMAS STREET ELEMENTARY SCHOOL
Grades K-2 · 376 students
LAWNDALE ELEMENTARY SCHOOL
Grades 3-5 · 369 students
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 Tupelo, MS?
Want a head-to-head view? Compare Tupelo side-by-side with any other U.S. city using our market-comparison tool.
Is Tupelo a good real estate investment market?
For investors evaluating Tupelo, the price-to-rent ratio of 13.1x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 6.3% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Tupelo's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Tupelo's median home price.
Frequently asked questions
What is the average home price in Tupelo?
The median home sale price in Tupelo is $269,000, down 6.3% from last year.
How long do homes stay on market in Tupelo?
Homes typically spend 30 days on market before going under contract.
What is the median income in Tupelo?
The median household income is $66,314 per year.
Is Tupelo a buyer's or seller's market?
With 2.8 months of supply, Tupelo is currently a strong seller's market.
What is the Zillow home value estimate for Tupelo?
The Zillow Home Value Index (ZHVI) for Tupelo is $217,619, representing the typical home value in the area.
What is the median condo price in Tupelo?
The median condo/co-op sale price in Tupelo, MS is $193,000, compared to $294,200 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Tupelo?
The median single-family home price in Tupelo, MS is $294,200 (about $155 per square foot).
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