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Tupelo, MS

Full City Profile · Mississippi · Lee County County

3.4 /5.0
B Good
37,825 Population 588/sq mi density
$66,314 Median Income $37,741 per capita
$201,300 Home Value $203,340 Zillow
$940 Median Rent 29.3% income on rent
62°F Avg Temperature 301 sunny days/yr
50 Violent Crime/100K 1,670 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$66,314 median income, 3.2% unemployment
A+
Affordability
5.0 / 5.0
$201,300 home value, $940/mo rent
F
Safety
1.0 / 5.0
50 violent crimes/100K
B+
Education
3.8 / 5.0
35.1% bachelor's degree or higher

Housing Overview

Median Home Value
$201,300
29% below
US avg: $281,900
Median Rent
$940/mo
19% below
US avg: $1,163/mo
Homeownership Rate
62.7%
4% below US avg (65.4%)
Total Housing Units
17,304
Median year built: 1981

Home Value by Source

Census Median
$201,300
Zillow (ZHVI)
$203,340
Median Sale Price
$229,500
Median List Price
$289,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

62.7%
Owner-Occupied
37.3%
Renter-Occupied
63%
37%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$751/mo
1 Bedroom
$782/mo
2 Bedroom
$924/mo
3 Bedroom
$1,177/mo
4 Bedroom
$1,295/mo
Census median rent: $940/mo · Zillow rent: $1,225/mo

Market Indicators (Redfin)

Median Days on Market
48 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
34
Price Drops
22.3%
of listings with price reduction
Price Per Sq Ft
$141
Active Inventory
139
homes for sale

Affordability & Housing Stock

Rent Burden
29.3%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
62.7%

Complete Housing Data

Home Values

Census Median Value$201,300
Zillow Home Value (ZHVI)$203,340
Median Sale Price$229,500
Median List Price$289,000
Price Per Sq Ft$141

Rent

Census Median Rent$940
Zillow Rent (ZORI)$1,225
FMR Studio$751
FMR 1-Bedroom$782
FMR 2-Bedroom$924
FMR 3-Bedroom$1,177
FMR 4-Bedroom$1,295

Market

Days on Market48
Sale-to-List Ratio0.9%
Price Drops22.3%
Homes Sold34
Active Inventory139
Price Per Sq Ft$141

Ownership & Stock

Owner-Occupied62.7%
Renter-Occupied37.3%
Homeownership Rate62.7%
Total Housing Units17,304
Median Year Built1981
Rent Burden29.3%