House Prices & Home Values Parchman, MS 2026
Average Data
| average house price | $98,426 |
| average size per house | 1740 ft² |
| average price per ft² | 57 $ / ft² |
04/16/2026 -
The value range (VR) for house prices in Parchman, MS is $29/ sqft to $29/ sqft. An average home with 1740 sqft costs approximately $50,460 to $50,460. Parchman, MS includes 1 ZIP codes and it is located in Sunflower county.
The lowest prices are found in ZIP 38738, while the highest are in ZIP 38738. The average price per sqare feet is $57. Our analysis is based on 48 property listings.
Avergage prices by ZIP codes Parchman
Historical development of home values in Parchman
| Year |
Estimated value (USD) |
Change vs. 2025 |
| 2010 |
$45,711 |
-53.6% |
| 2011 |
$43,943 |
-55.4% |
| 2012 |
$43,825 |
-55.5% |
| 2013 |
$45,463 |
-53.8% |
| 2014 |
$47,724 |
-51.5% |
| 2015 |
$50,173 |
-49.0% |
| 2016 |
$52,791 |
-46.4% |
| 2017 |
$55,641 |
-43.5% |
| 2018 |
$58,717 |
-40.3% |
| 2019 |
$61,439 |
-37.6% |
| 2020 |
$64,615 |
-34.4% |
| 2021 |
$73,493 |
-25.3% |
| 2022 |
$85,676 |
-13.0% |
| 2023 |
$90,350 |
-8.2% |
| 2024 |
$95,577 |
-2.9% |
| 2025 |
$98,426 |
0.0% |
Graph: estimated home values in Parchman over time (USD)
Example: 100% financing house in Parchman
Loan amount:
$98,426
Interest rate:
6.00%
Fixed monthly payment:
$590.11
Breakdown in the 1st month:
Interest portion:
$492.13 –
Principal portion:
$97.98
Yearly breakdown (100% financing)
| Year |
Interest per year ($) |
Principal per year ($) |
Remaining balance at year-end ($) |
| 1 |
$5,872.68 |
$1,208.68 |
$97,217.32 |
| 2 |
$5,798.13 |
$1,283.23 |
$95,934.09 |
| 3 |
$5,718.98 |
$1,362.38 |
$94,571.71 |
| 4 |
$5,634.96 |
$1,446.41 |
$93,125.30 |
| 5 |
$5,545.74 |
$1,535.62 |
$91,589.68 |
| 6 |
$5,451.03 |
$1,630.33 |
$89,959.35 |
| 7 |
$5,350.48 |
$1,730.89 |
$88,228.46 |
| 8 |
$5,243.72 |
$1,837.64 |
$86,390.82 |
| 9 |
$5,130.38 |
$1,950.99 |
$84,439.83 |
| 10 |
$5,010.04 |
$2,071.32 |
$82,368.51 |
| 11 |
$4,882.29 |
$2,199.07 |
$80,169.44 |
| 12 |
$4,746.66 |
$2,334.71 |
$77,834.73 |
| 13 |
$4,602.66 |
$2,478.71 |
$75,356.02 |
| 14 |
$4,449.77 |
$2,631.59 |
$72,724.43 |
| 15 |
$4,287.46 |
$2,793.90 |
$69,930.54 |
| 16 |
$4,115.14 |
$2,966.22 |
$66,964.31 |
| 17 |
$3,932.19 |
$3,149.17 |
$63,815.14 |
| 18 |
$3,737.96 |
$3,343.40 |
$60,471.74 |
| 19 |
$3,531.74 |
$3,549.62 |
$56,922.12 |
| 20 |
$3,312.81 |
$3,768.55 |
$53,153.57 |
| 21 |
$3,080.38 |
$4,000.99 |
$49,152.58 |
| 22 |
$2,833.60 |
$4,247.76 |
$44,904.82 |
| 23 |
$2,571.61 |
$4,509.75 |
$40,395.07 |
| 24 |
$2,293.46 |
$4,787.90 |
$35,607.17 |
| 25 |
$1,998.15 |
$5,083.21 |
$30,523.96 |
| 26 |
$1,684.63 |
$5,396.73 |
$25,127.22 |
| 27 |
$1,351.77 |
$5,729.59 |
$19,397.63 |
| 28 |
$998.38 |
$6,082.98 |
$13,314.65 |
| 29 |
$623.20 |
$6,458.16 |
$6,856.49 |
| 30 |
$224.87 |
$6,856.49 |
$0.00 |
Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment
over the entire term. Extra payments, interest rate changes, and additional purchase costs
(e.g. taxes, notary fees) are not included.
How to sell in Parchman, MS
| 1500 sqft | 3900 sqft |
| Ø selling price | $103,456 | $220,078 | | Ø fast selling | $94,051 | $198,070 | | Ø high price sale | $112,861 | $242,085 |
In 2026, houses in Parchman, MS will be offered at an average price of $57 per square foot. A 1,500 sqft home priced at $103,456 is 24.36% more expensive per square foot than a 3,900 sqft home priced at $220,078.
Home prices in Parchman, MS vary significantly depending on the neighborhood and location.
For a quick sale, a 2,700 sqft home should be listed at around $152,361.
Sellers who can wait longer may achieve a higher price of up to $186,220.
Parchman, Mississippi: Delta Context
Parchman, MS is a small community in Sunflower County situated in the heart of the Mississippi Delta.
Known widely for the Mississippi State Penitentiary, Parchman Mississippi carries a complex history that shapes its regional identity.
The flat Delta landscape, fertile soils, and wide horizons give Parchman, MS an agricultural character tied to cotton, soybeans, and blues heritage.
History and Culture
Established in the early twentieth century, the penitentiary at Parchman became a symbol of Southern penal labor and evolving criminal justice.
Stories of blues musicians, work songs, and civil rights struggles intersect here, reflecting the cultural tapestry of the Delta.
Today, discussions about Parchman Mississippi often center on reform, remembrance, and acknowledging the voices of those impacted.
Visiting and Practical Info
Travelers pass through Parchman via U.S. Highway 49W to reach nearby Delta towns, wildlife refuges, and historic markers.
While the prison complex itself is not a traditional tourist site, visitors explore local museums, Mississippi Blues Trail stops, and Delta cuisine in surrounding communities.
The climate in Parchman, MS is typically hot and humid in summer with mild winters, making spring and fall popular times to explore the region.
Whether researching history or experiencing Delta culture, Parchman Mississippi offers context for understanding the state?s past and present.
FAQ – Home Values in Parchman
What is the median home value in Parchman in 2026?
In 2026, the typical home value in
Parchman is about
$98,426 for an average home size of
1740 square feet. This corresponds to an average
price of roughly $57 per square foot.
What is the average cost per square foot in Parchman?
In 2026, homes in
Parchman sell for an average of around
$57 per square foot, with a typical range
between $29 and
$29 per square foot, depending on the property’s
location, condition, and lot size.
What is the average home size in ?
The average home size in Parchman is about
1740 square feet, with an estimated
2026 value around
$98,426.
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