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Falkner, MS Home Values and Rents

The typical home value in Falkner is $150,755. Median rent is $825 a month.

Typical home value
$150,755
Zillow
Median rent
$825/mo
ACS 2020-2024
Price change, 1 year
+1.2%
Sep 2026
Homeownership
92.7%
MS: 70.0%

Typical home value in Falkner

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodFalkner
Sep 2026$150,755
Dec 2025$152,282
Dec 2024$150,794
Dec 2023$143,007
Dec 2022$153,142
Dec 2021$155,321

Over five years, Falkner prices changed -1.3%.

Source: Zillow Research · Last updated 09/01/2026

Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

Swipe the table sideways to see more columns.

#ZIP codeMedian valueMedian rent1-year5-year
138629$122,700$825--

Fair Market Rents, FY2027

HUD rent standard for Tippah County, MS

MS rents
Unit sizeMonthly rentvs FY2026
Studio$765+4.4%
1 bedroom$769+0.1%
2 bedrooms$905+7.5%
3 bedrooms$1,170+7.1%
4 bedrooms$1,189+6.4%

Frequently asked questions

What is the typical home value in Falkner, MS?
The typical home value in Falkner is $150,755 (Zillow Home Value Index, Sep 2026). The Mississippi median is $169,800.
How much is rent in Falkner?
The median rent in Falkner is $825 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $905.
Are home prices going up in Falkner?
The typical home value in Falkner changed +1.2% over one year and -1.3% over five years, as of Sep 2026.
Which ZIP code in Falkner has the highest home values?
ZIP code 38629 has the highest median home value at $122,700.