Meridian, MS metro area Housing Market

Cold Market

Comprehensive housing market data for the Meridian, 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

$213K

230.2% YoY

Days on Market

122 days

130.2% YoY

Active Inventory

200

24.2% YoY

Homes Sold

2

50.0% YoY

Cold Market

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

Meridian, MS metro area Market Summary

The Meridian, MS metro area housing market is cooling down. As of March 2026, the median home sale price is $213K, up 230.2% year-over-year. Homes are spending a median of 122 days on the market, 130.2% longer than a year ago.

There are 200 homes for sale — 24.2% more than last year. With 100.0 months of supply, this is a buyer's market. 58 new listings were added during this period, up 45.0% year-over-year.

Homes are selling for 86.1% of their list price on average, suggesting room for negotiation. 0.0% of homes sell above their asking price. 18.0% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

88

Contributing Factors

Months of Supply 100.0
Days on Market 122
Price Drops 18.0%
Sale-to-List Ratio 86.1%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $437K) 51.2%
Days on Market (National: 55) 121.8%
Inventory (National: 1,314,690) 100.0%

vs. Mississippi Median

Median Price (Mississippi: $265K) 19.8%
Days on Market (Mississippi: 59) 106.8%

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 51% below the national median, which could indicate stronger cash flow potential.

Meridian, MS metro area Market Trends

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Detailed Market Metrics

Median List Price

$230K

Price per Sq Ft

$126

Sale-to-List Ratio

86.1%

Months of Supply

100.0

Sold Above List

0.0%

Price Drops

18.0%

New Listings

58

45.0% YoY

Pending Sales

44

Off Market in 2 Weeks

31.8%

Analyze a deal in Meridian, MS metro area

Calculate cash flow, Cap Rate, DSCR, and Cash-on-Cash Return for any rental property — free and instant.

Try It Free

Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.