Mississippi Housing Market
Cold MarketHousing market data and trends for Mississippi. Track median prices, inventory, days on market, and competition metrics for real estate investors.
Data period: March 2026
Median Sale Price
$265K
↑ 4.2% YoY
Days on Market
59 days
↓ 4.8% YoY
Active Inventory
7,246
↑ 3.2% YoY
Homes Sold
1,605
↓ 0.6% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Mississippi Market Summary
The Mississippi housing market is cooling down. As of March 2026, the median home sale price is $265K, up 4.2% year-over-year. Homes are spending a median of 59 days on the market, 4.8% shorter than a year ago.
There are 7,246 homes for sale — 3.2% more than last year. With 4.5 months of supply, this is a balanced market. 2,809 new listings were added during this period, up 11.9% year-over-year.
Homes are selling for 96.9% of their list price on average, suggesting room for negotiation. 9.8% of homes sell above their asking price. 27.2% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
86
Contributing Factors
How This Market Compares
vs. National Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 39% below the national median, which could indicate stronger cash flow potential.
Mississippi Market Trends
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Detailed Market Metrics
Median List Price
$294K
Price per Sq Ft
$148
Sale-to-List Ratio
96.9%
Months of Supply
4.5
Sold Above List
9.8%
Price Drops
27.2%
New Listings
2,809
↑ 11.9% YoY
Pending Sales
2,380
Metro Areas in Mississippi
Gulfport, MS metro area
$250K median
56 days
on market
Jackson, MS metro area
$283K median
36 days
on market
Tupelo, MS metro area
$240K median
39 days
on market
Oxford, MS metro area
$460K median
79 days
on market
Natchez, MS metro area
$225K median
97 days
on market
McComb, MS metro area
$180K median
82 days
on market
Picayune, MS metro area
$239K median
54 days
on market
Vicksburg, MS metro area
$250K median
144 days
on market
Brookhaven, MS metro area
$224K median
20 days
on market
Greenville, MS metro area
$104K median
174 days
on market
Corinth, MS metro area
$250K median
70 days
on market
Greenwood, MS metro area
$130K median
40 days
on market
Clarksdale, MS metro area
$135K median
10 days
on market
Indianola, MS metro area
$135K median
59 days
on market
Grenada, MS metro area
$285K median
118 days
on market
Starkville, MS metro area
$234K median
14 days
on market
Cleveland, MS metro area
$232K median
106 days
on market
Columbus, MS metro area
$216K median
57 days
on market
Meridian, MS metro area
$213K median
122 days
on market
West Point, MS metro area
$195K median
8 days
on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.