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Home appreciation in Mississippi
Mississippi's FHFA HPI® all-transactions index changed +3.7% over the year to Q2 2026, versus +3.0% nationally, ranking 23rd of 51 states and D.C. Below, compare its 12 3-digit ZIP regions and 4 metro areas.
- 1-year change
- +3.7%
- 5-year change
- +39.7%
- Since Q1 1995
- +194%
- State rank (1 year)
- 23rd
U.S. +3.0%
35th of 51
U.S. +292%
of 51 states and D.C.
Mississippi vs the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Mississippi: 294.4
- United States: 391.6
Mississippi appreciation by time window
| Window | MS | U.S. | Gap vs U.S. |
|---|---|---|---|
| 1 year | +3.7% | +3.0% | +0.7 pts |
| 3 years | +14.2% | +12.9% | +1.3 pts |
| 5 years | +39.7% | +41.3% | −1.6 pts |
| 10 years | +70.1% | +93.3% | −23.2 pts |
| Since Q1 1995 | +194% | +292% | −97.2 pts |
3-digit ZIP regions in Mississippi
Fastest-appreciating ZIP codes in Mississippi →Sorted by one-year change. 10 of 12 regions beat the national one-year change of +3.0%. Place labels name the largest community in each region.
| # | 3-digit ZIP region | 1 year | 5 years | 10 years | Since Q1 1995 |
|---|---|---|---|---|---|
| 1 | 394 · Hattiesburg, MS area | +7.4% | +44.9% | +76.2% | +232% |
| 2 | 391 · Madison, MS area | +5.1% | +33.3% | +54.0% | +158% |
| 3 | 387 · Greenville, MS area | +4.2% | +40.4% | +66.8% | +203% |
| 4 | 389 · Greenwood, MS area | +4.2% | +40.4% | +66.8% | +203% |
| 5 | 393 · Meridian, MS area | +4.2% | +40.4% | +66.8% | +203% |
| 6 | 396 · McComb, MS area | +4.2% | +40.4% | +66.8% | +203% |
| 7 | 397 · Starkville, MS area | +4.2% | +40.4% | +66.8% | +203% |
| 8 | 386 · Southaven, MS area | +3.5% | +50.9% | +95.3% | +221% |
| 9 | 395 · Gulfport, MS area | +3.2% | +42.4% | +79.9% | +222% |
| 10 | 390 · Clinton, MS area | +3.0% | +32.8% | +57.5% | +165% |
| 11 | 388 · Tupelo, MS area | +2.1% | +35.1% | +68.8% | +183% |
| 12 | 392 · Jackson, MS area | -1.7% | +20.6% | +35.4% | +127% |
Metro areas in Mississippi
| Metro area | 1 year | 5 years | Since Q1 1995 |
|---|---|---|---|
| Hattiesburg, MS | +4.7% | +40.2% | +218% |
| Gulfport-Biloxi, MS | +3.5% | +42.5% | +222% |
| Memphis, TN-MS-AR | +1.8% | +33.1% | +183% |
| Jackson, MS | +1.8% | +29.3% | +149% |
Boom, bust, and recovery in Mississippi
Mississippi's index peaked in Q1 2008, fell 8.9% to its low in Q4 2013, and regained its peak in Q3 2017, about 9.5 years after the top. Today it sits +65.9% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| MS | Q1 2008 | Q4 2013 | -8.9% | Q3 2017 (9.5 yrs) | +65.9% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Mississippi's index has changed +33.0% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | MS after inflation | U.S. after inflation |
|---|---|---|---|
| 1 year | +3.9% | -0.1% | -0.8% |
| 3 years | +9.8% | +4.0% | +2.8% |
| 5 years | +24.0% | +12.6% | +13.9% |
| 10 years | +39.1% | +22.3% | +39.0% |
| Since Q1 1995 | +121% | +33.0% | +76.8% |
If you bought in Mississippi in…
An example $300,000 purchase grown at the statewide index rate to Q2 2026. Local markets within the state vary widely.
| Bought in | Index change | $300,000 then, at the state rate |
|---|---|---|
| Q2 1995 | +188% | $864,812 |
| Q2 2000 | +137% | $709,920 |
| Q2 2005 | +93.8% | $581,433 |
| Q2 2010 | +78.3% | $534,939 |
| Q2 2015 | +74.7% | $524,151 |
| Q2 2020 | +51.6% | $454,753 |
| Q2 2021 | +39.7% | $419,066 |
| Q2 2023 | +14.2% | $342,499 |
| Q2 2025 | +3.7% | $311,135 |
Frequently asked questions
- How much have home prices gone up in Mississippi?
- FHFA HPI® data for Mississippi shows the all-transactions index changed +3.7% over the year to Q2 2026, +39.7% over five years, +70.1% over ten years, and +194% since Q1 1995.
- Is Mississippi appreciating faster than the national average?
- Over the past year Mississippi's index moved +0.7 pts versus the U.S. (+3.0%), ranking 23rd of 51 states and D.C. Over five years the gap is −1.6 pts.
- Which ZIP codes in Mississippi are appreciating fastest?
- Over the past year the strongest of 12 3-digit ZIP regions in Mississippi was ZIP3 394 (Hattiesburg, MS area) at +7.4%, and the weakest was ZIP3 392 (Jackson, MS area) at -1.7%. 10 of 12 beat the national one-year change.