Greenville, MS metro area Housing Market

Cold Market

Comprehensive housing market data for the Greenville, 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

$104K

9.6% YoY

Days on Market

174 days

50.0% YoY

Active Inventory

87

2.4% YoY

Homes Sold

13

23.5% YoY

Cold Market

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

Greenville, MS metro area Market Summary

The Greenville, MS metro area housing market is cooling down. As of March 2026, the median home sale price is $104K, down 9.6% year-over-year. Homes are spending a median of 174 days on the market, 50.0% longer than a year ago.

There are 87 homes for sale — 2.4% more than last year. With 6.7 months of supply, this is a buyer's market. 28 new listings were added during this period, up 40.0% year-over-year.

Homes are selling for 86.9% of their list price on average, suggesting room for negotiation. 0.0% of homes sell above their asking price. 34.5% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

93

Contributing Factors

Months of Supply 6.7
Days on Market 174
Price Drops 34.5%
Sale-to-List Ratio 86.9%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $437K) 76.2%
Days on Market (National: 55) 216.4%
Inventory (National: 1,314,690) 100.0%

vs. Mississippi Median

Median Price (Mississippi: $265K) 60.8%
Days on Market (Mississippi: 59) 194.9%

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 76% below the national median, which could indicate stronger cash flow potential.

Greenville, MS metro area Market Trends

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Detailed Market Metrics

Median List Price

$142K

Price per Sq Ft

$73

Sale-to-List Ratio

86.9%

Months of Supply

6.7

Sold Above List

0.0%

Price Drops

34.5%

New Listings

28

40.0% YoY

Pending Sales

20

Off Market in 2 Weeks

10.0%

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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.