Columbus, MS home prices
Typical home $187,456 · +3.3% in a year · income needed $51,300
The Columbus, MS metro area ranks 689 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +3.3% in a year and +15.3% over five years. With 20% down at 7.11%, the typical home costs about $1,197 a month including 0.6% property tax (Lowndes County rate).
Mortgage on the typical Columbus home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $37,491 | $149,965 | $1,009 | $0 | $188 | $1,197 | $51,300 |
| 10% down | $18,746 | $168,710 | $1,135 | $70 | $188 | $1,393 | $59,700 |
| 5% down | $9,373 | $178,083 | $1,198 | $74 | $188 | $1,460 | $62,600 |
| 3.5% down (FHA) | $6,561 | $184,061 | $1,238 | $83 | $188 | $1,509 | $64,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.6% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Columbus area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Lowndes County, MS | $187,535 | +3.4% | 0.6% |
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Frequently asked questions
How much is a house in Columbus?
The typical home in the Columbus, MS metro area is worth $187,456 (Zillow, September 2026).
What salary do you need to buy a house in Columbus?
About $51,300 a year for the typical home with 20% down at 7.11%.