Brookhaven, MS metro area Housing Market

Warm 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: March 2026

Median Sale Price

$224K

9.0% YoY

Days on Market

20 days

81.3% YoY

Active Inventory

71

1.4% YoY

Homes Sold

16

100.0% YoY

Warm Market

The market is active with moderate buyer demand.

Brookhaven, MS metro area Market Summary

The Brookhaven, MS metro area housing market is heating up. As of March 2026, the median home sale price is $224K, up 9.0% year-over-year. Homes are spending a median of 20 days on the market, 81.3% shorter than a year ago.

There are 71 homes for sale — 1.4% more than last year. With 4.4 months of supply, this is a balanced market. 25 new listings were added during this period, up 56.3% year-over-year.

Homes are selling for 97.5% of their list price on average, suggesting room for negotiation. 25.0% of homes sell above their asking price. 31.0% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

63

Contributing Factors

Months of Supply 4.4
Days on Market 20
Price Drops 31.0%
Sale-to-List Ratio 97.5%
Market Temperature Warm

How This Market Compares

vs. National Median

Median Price (National: $437K) 48.8%
Days on Market (National: 55) 63.6%
Inventory (National: 1,314,690) 100.0%

vs. Mississippi Median

Median Price (Mississippi: $265K) 15.8%
Days on Market (Mississippi: 59) 66.1%

Investor Takeaway

A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 49% below the national median, which could indicate stronger cash flow potential.

Brookhaven, MS metro area Market Trends

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Detailed Market Metrics

Median List Price

$159K

Price per Sq Ft

$134

Sale-to-List Ratio

97.5%

Months of Supply

4.4

Sold Above List

25.0%

Price Drops

31.0%

New Listings

25

56.3% YoY

Pending Sales

17

Off Market in 2 Weeks

17.6%

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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.