The typical owner-occupied home in Glen Allan is worth about $310,500, 83% above the Mississippi median of $169,800 and 7% below the national median of $332,700. 49% of occupied homes here are lived in by their owners, and 54% of those owners still have a mortgage.
Glen Allan at a glance
| Glen Allan | Mississippi | U.S. | |
|---|---|---|---|
| Median home value | $310,500 | $169,800 | $332,700 |
| Median property tax paid per year | – | $1,215 | $3,119 |
| Median household income | – | $56,447 | $80,734 |
| Homes lived in by their owners | 49% | 70% | 65% |
| Owner homes with a mortgage | 54% | 49% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,394 | $1,963 |
| Median rent | – | $954 | $1,413 |
| Median year homes were built | 2001 | 1986 | 1980 |
| Vacant homes | 24.3% | 14.6% | 10.1% |
| Population | 350 | 2,946,779 | 334,922,499 |
What a typical home costs per month in Glen Allan
At this week's average 30-year rate of 7.11%, buying the median Glen Allan home of $310,500 with 20% down costs about $2,085 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,602, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $89,357 for the 20%-down payment.
| Down payment | $62,100 |
|---|---|
| Loan amount | $248,400 |
| Principal and interest | $1,671 |
| Property taxes (1.10% a year) | $285 |
| Homeowners insurance (our estimate, 0.5% a year) | $129 |
| PMI | $0 |
| Total per month | $2,085 |
Change the numbers in the calculator
| Down payment | $10,868 |
|---|---|
| Loan amount | $304,876 |
| Principal and interest | $2,051 |
| Property taxes (1.10% a year) | $285 |
| Homeowners insurance (our estimate, 0.5% a year) | $129 |
| FHA mortgage insurance | $137 |
| Total per month | $2,602 |
Change the numbers in the calculator
Questions about home buying in Glen Allan
What is the median home value in Glen Allan?
About $310,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Glen Allan?
For the median home with 20% down at 7.11%, the payment is about $2,085 a month. Keeping that under 28% of gross income takes about $89,357 a year.
More about Glen Allan
- Mortgage Refinance in Glen Allan
- Debt Relief in Glen Allan
- Home Equity Loans in Glen Allan
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data