Greenwood, MS metro area Housing Market

Cool Market

Comprehensive 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: January 2026

Median Sale Price

$80K

42.2% YoY

Days on Market

45 days

64.3% YoY

Active Inventory

35

36.4% YoY

Homes Sold

6

25.0% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Greenwood, MS metro area Market Summary

The Greenwood, MS metro area housing market is cooling down. As of January 2026, the median home sale price is $80K, down 42.2% year-over-year. Homes are spending a median of 45 days on the market, 64.3% shorter than a year ago.

There are 35 homes for sale — 36.4% fewer than last year. With 5.8 months of supply, this is a balanced market. 18 new listings were added during this period, up 63.6% year-over-year.

Homes are selling for 98.3% of their list price on average, suggesting room for negotiation. 33.3% of homes sell above their asking price. 17.1% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

67

Contributing Factors

Months of Supply 5.8
Days on Market 45
Price Drops 17.1%
Sale-to-List Ratio 98.3%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $423K) 81.2%
Days on Market (National: 66) 31.8%
Inventory (National: 1,210,379) 100.0%

vs. Mississippi Median

Median Price (Mississippi: $251K) 68.3%
Days on Market (Mississippi: 64) 29.7%

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 81% below the national median, which could indicate stronger cash flow potential.

Greenwood, 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

$25K

Price per Sq Ft

$53

Sale-to-List Ratio

98.3%

Months of Supply

5.8

Sold Above List

33.3%

Price Drops

17.1%

New Listings

18

63.6% YoY

Pending Sales

13

Off Market in 2 Weeks

23.1%

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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.