Tupelo housing market

Buyer's marketTupelo, MS metro areaData through Sep 2026
Typical home value
$193K
▲ 6.7% 1 yr
Typical rent
$1,301/mo
▲ 3.3% 1 yr
12-month forecast
+1.0%
#392 of 546 metros
Gross rent yield
8.1%
#47 of 546 · U.S. 6.3%
Days to pending
79 days
1 yr
Listings with a price cut
23%
▼ −0.7 pts 1 yr

Key takeaways

  • 1The typical home is worth $192,900, up 6.7% in a year and up 18% over five years.
  • 2Zillow forecasts home values rising 1.0% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,301/mo (+3.3% YoY), a 8.1% gross yield, above the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,060/mo in principal and interest, $241 less than renting.
  • 5Homes go under contract in 79 days; 23% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 38/100, #319 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $193K
$135K$153K$171K$190K2016201920222025
Typical monthly rent
Latest $1,301
$964$1,074$1,185$1,295202120232025

How fast homes are selling

Days to go under contract
Latest 79
576470772026
Share of listings with a price cut
Latest 22.7%
10.5%15.1%19.7%24.4%20182020202220242026
Homes for sale vs new listings
Latest 596
For saleNew listings
12629646563520182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Tupelo compares

MeasureTupeloUnited StatesRank of 546
Home value, 1-yr change+6.7%+1.2%#19
Home value, 5-yr change+17.9%+19.7%
12-month forecast+1.0%+1.1%#392
Rent, 1-yr change+3.3%+2.7%#274
Gross rent yield8.1%6.3%#47
Price-to-rent ratio12.415.8
Mortgage P&I on typical home$1,060$2,012
Days to pending7956

Cities in the Tupelo metro

1 cities with home value and rent data.

Tupelo$216K▲ 5.6%$1,423▲ 4.3%7.9%

Run the numbers

Other Mississippi metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.