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Mississippi Community Guide

Tupelo, MS

Population 40,000 · Median home value $200,000 · 240 active listings

Tupelo is a mid-sized community of roughly 40,000 residents in Mississippi, with a moderate price point relative to the national picture.

Key figures for Tupelo, MS
StateMississippi
Population40,000
Median home value$200,000
Active listings240
Median across Mississippi communities we track$192,500

The Tupelo housing market

At $200,000, the median home value tracks closely with the median across the 6 Mississippi communities we cover — this is a mid-market address for the state.

Roughly 240 active listings at last count, which gives buyers genuine room to compare and to negotiate on properties that have been sitting.

Current listings for Tupelo are maintained on the following site:

These are external sites operated independently of 1PropertyHub. We do not control their listings, pricing, or availability, and we are not a party to any transaction arising from them.

Buying in Tupelo

This is the price band where financing choice matters most. The spread between an FHA loan with lifetime mortgage insurance and a conventional loan with cancellable PMI compounds into real money over a decade.

Before you make an offer, work out what the monthly payment actually looks like at this price level. Our mortgage calculator includes property tax, insurance, and mortgage insurance rather than just principal and interest, and the affordability calculator solves backwards from your income to a purchase price a lender would support. If you are weighing a purchase against continuing to rent, the rent vs buy calculator accounts for transaction costs on both ends.

Investing in Tupelo

For rental investors, the questions here are rent-to-price ratio, the property tax burden, insurance cost, and the depth of the tenant pool at this population size. Underwrite with honest vacancy, management, maintenance, and capital reserves rather than rent minus mortgage — see our cash flow calculator and the rental underwriting guide. Verify short-term rental rules with the municipality before assuming any STR strategy will be permitted.

Nearby communities in Mississippi

Frequently asked questions

What is the median home value in Tupelo, MS?

The median home value in Tupelo is approximately $200,000. At $200,000, the median home value tracks closely with the median across the 6 Mississippi communities we cover — this is a mid-market address for the state. Values move with the market and vary widely by neighborhood, condition, and lot — treat this as a starting point and verify against recent closed sales before pricing an offer.

How many homes are for sale in Tupelo?

There were roughly 240 active listings at last count. Roughly 240 active listings at last count, which gives buyers genuine room to compare and to negotiate on properties that have been sitting. For current inventory, see Homes for sale in Tupelo.

What should I know before buying in Tupelo?

This is the price band where financing choice matters most. The spread between an FHA loan with lifetime mortgage insurance and a conventional loan with cancellable PMI compounds into real money over a decade. Beyond the property itself, confirm the property tax rate and any exemptions with the county assessor, and get an insurance quote before you are under contract — both vary far more by location than buyers expect. Our Mississippi state guide covers closing practice and property law.