Greenwood, MS metro area Housing Market
Cold MarketComprehensive housing market data for the Greenwood, 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
$130K
↓ 30.6% YoY
Days on Market
40 days
↓ 38.5% YoY
Active Inventory
44
↓ 10.2% YoY
Homes Sold
9
↑ 12.5% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Greenwood, MS metro area Market Summary
The Greenwood, MS metro area housing market is cooling down. As of March 2026, the median home sale price is $130K, down 30.6% year-over-year. Homes are spending a median of 40 days on the market, 38.5% shorter than a year ago.
There are 44 homes for sale — 10.2% fewer than last year. With 4.9 months of supply, this is a balanced market. 7 new listings were added during this period, down 0.0% year-over-year.
Homes are selling for 89.4% of their list price on average, suggesting room for negotiation. 0.0% of homes sell above their asking price. 40.9% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
80
Contributing Factors
How This Market Compares
vs. National Median
vs. Mississippi 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 70% below the national median, which could indicate stronger cash flow potential.
Greenwood, MS metro area Market Trends
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Detailed Market Metrics
Median List Price
$160K
Price per Sq Ft
$66
Sale-to-List Ratio
89.4%
Months of Supply
4.9
Sold Above List
0.0%
Price Drops
40.9%
New Listings
7
– 0.0% YoY
Pending Sales
6
Off Market in 2 Weeks
0.0%
Other Markets in Mississippi
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Oxford, MS metro area
$460K · 79d on market
Natchez, MS metro area
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McComb, MS metro area
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Picayune, MS metro area
$239K · 54d on market
Vicksburg, MS metro area
$250K · 144d 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.