Clarksdale, MS metro area Housing Market

Cool Market

Comprehensive housing market data for the Clarksdale, 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

$135K

90.1% YoY

Days on Market

10 days

89.7% YoY

Active Inventory

35

25.0% YoY

Homes Sold

5

0.0% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Clarksdale, MS metro area Market Summary

The Clarksdale, MS metro area housing market is cooling down. As of March 2026, the median home sale price is $135K, up 90.1% year-over-year. Homes are spending a median of 10 days on the market, 89.7% shorter than a year ago.

There are 35 homes for sale — 25.0% more than last year. With 7.0 months of supply, this is a buyer's market. 10 new listings were added during this period, up 66.7% year-over-year.

Homes are selling for 85.7% of their list price on average, suggesting room for negotiation. 0.0% of homes sell above their asking price. 20.0% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

70

Contributing Factors

Months of Supply 7.0
Days on Market 10
Price Drops 20.0%
Sale-to-List Ratio 85.7%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $437K) 69.1%
Days on Market (National: 55) 81.8%
Inventory (National: 1,314,690) 100.0%

vs. Mississippi Median

Median Price (Mississippi: $265K) 49.1%
Days on Market (Mississippi: 59) 83.1%

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. Prices are 69% below the national median, which could indicate stronger cash flow potential.

Clarksdale, MS metro area Market Trends

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Detailed Market Metrics

Median List Price

$150K

Price per Sq Ft

$37

Sale-to-List Ratio

85.7%

Months of Supply

7.0

Sold Above List

0.0%

Price Drops

20.0%

New Listings

10

66.7% YoY

Pending Sales

6

Off Market in 2 Weeks

50.0%

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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.