Brookhaven, MS metro area Housing Market

Cold Market

Comprehensive housing market data for the Brookhaven, MS metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$175K

12.5% YoY

Days on Market

98 days

14.0% YoY

Active Inventory

61

1.7% YoY

Homes Sold

7

22.2% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Brookhaven, MS metro area Market Summary

The Brookhaven, MS metro area housing market is cooling down. As of January 2026, the median home sale price is $175K, down 12.5% year-over-year. Homes are spending a median of 98 days on the market, 14.0% longer than a year ago.

There are 61 homes for sale — 1.7% more than last year. With 8.7 months of supply, this is a buyer's market. 21 new listings were added during this period, up 40.0% year-over-year.

Homes are selling for 93.3% of their list price on average, suggesting room for negotiation. 0.0% of homes sell above their asking price. 36.1% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

93

Contributing Factors

Months of Supply 8.7
Days on Market 98
Price Drops 36.1%
Sale-to-List Ratio 93.3%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $423K) 58.6%
Days on Market (National: 66) 48.5%
Inventory (National: 1,210,379) 100.0%

vs. Mississippi Median

Median Price (Mississippi: $251K) 30.2%
Days on Market (Mississippi: 64) 53.1%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 59% below the national median, which could indicate stronger cash flow potential.

Brookhaven, MS metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$239K

Price per Sq Ft

$87

Sale-to-List Ratio

93.3%

Months of Supply

8.7

Sold Above List

0.0%

Price Drops

36.1%

New Listings

21

40.0% YoY

Pending Sales

32

Off Market in 2 Weeks

15.6%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.