2026 Market Report & Data · Data through May 2026 · Source: Redfin
$284K
Median Price
47
Days on Market
3.8
Months Supply
+4.3%
YoY Change
Balanced Market
Market Type
18
cities with 6+ months supply
49
cities with 3-6 months supply
85
cities with <3 months supply
Ranked by lowest median home price.
| City | Median Price | DOM |
|---|---|---|
| 1. Beulah | $5K | 35d |
| 2. Cruger | $15K | 147d |
| 3. Grenada | $15K | 108d |
| 4. Cloverdale | $17K | 70d |
| 5. Lauderdale | $18K | 7d |
| 6. Tchula | $18K | 59d |
| 7. Schlater | $21K | 26d |
| 8. Arcola | $21K | 159d |
| 9. Utica | $22K | 367d |
| 10. Osyka | $25K | 196d |
Ranked by highest median home price.
| City | Median Price | DOM |
|---|---|---|
| 1. Henderson Point | $928K | 101d |
| 2. Bovina | $925K | 479d |
| 3. Wesson | $699K | 93d |
| 4. Algoma | $500K | 1d |
| 5. Oxford | $465K | 31d |
| 6. Madison | $460K | 32d |
| 7. Gluckstadt | $430K | 218d |
| 8. Thaxton | $428K | 284d |
| 9. Pleasant Hill | $425K | 285d |
| 10. University | $425K | 92d |
18 cities have more than 6 months of inventory — buyers can negotiate.
| City | Months Supply | Median Price | DOM |
|---|---|---|---|
| 1. Meridian | 101.0 mo | $90K | 18d |
| 2. Holly Springs | 26.0 mo | $46K | 78d |
| 3. Picayune | 16.3 mo | $150K | 24d |
| 4. Byhalia | 14.0 mo | $276K | d |
| 5. Vicksburg | 13.6 mo | $164K | 49d |
| 6. Byram | 10.7 mo | $132K | 64d |
| 7. Quitman | 10.0 mo | $240K | 11d |
| 8. Plantersville | 9.0 mo | $250K | 45d |
| 9. Pleasant Hill | 9.0 mo | $425K | 285d |
| 10. Kiln | 8.0 mo | $262K | 30d |
85 cities have less than 3 months of inventory — sellers have the advantage.
| City | Months Supply | Median Price | DOM |
|---|---|---|---|
| 1. Cloverdale | 0.5 mo | $17K | 70d |
| 2. Ecru | 0.5 mo | $217K | 132d |
| 3. Flora | 0.5 mo | $185K | 53d |
| 4. Red Banks | 0.5 mo | $298K | 65d |
| 5. Sherman | 0.5 mo | $195K | 38d |
| 6. Toomsuba | 0.5 mo | $297K | 94d |
| 7. West Point | 0.5 mo | $238K | 87d |
| 8. Farmington | 0.8 mo | $195K | 113d |
| 9. Robinhood | 0.8 mo | $345K | 53d |
| 10. Benoit | 1.0 mo | $199K | 49d |
Cities where homes sell fastest, ranked by lowest median days on market.
| City | Days on Market | Median Price |
|---|---|---|
| 1. Algoma | 1d | $500K |
| 2. Caledonia | 2d | $270K |
| 3. Puckett | 2d | $415K |
| 4. Elliott | 3d | $135K |
| 5. Florence | 3d | $355K |
| 6. Strayhorn | 3d | $234K |
| 7. Hurley | 5d | $160K |
| 8. Maben | 5d | $59K |
| 9. Rosedale | 5d | $82K |
| 10. Toccopola | 5d | $170K |
Cities with the largest year-over-year price gains. Appreciation can signal momentum, but also affordability pressure.
| City | YoY Change | Median Price |
|---|---|---|
| 1. Corinth | +34.8% | $210K |
| 2. Ridgeland | +34.2% | $401K |
| 3. Ocean Springs | +32.1% | $363K |
| 4. Tupelo | +24.3% | $269K |
| 5. Brookhaven | +22.6% | $222K |
| 6. Pascagoula | +20.6% | $145K |
| 7. Vicksburg | +15.9% | $164K |
| 8. Lyman | +11.5% | $290K |
| 9. Olive Branch | +5.2% | $342K |
| 10. Long Beach | +3.1% | $246K |
Cities with year-over-year price declines. These can be buying opportunities — or signals of softening demand.
| City | YoY Change | Median Price |
|---|---|---|
| 1. Latimer | -36.6% | $235K |
| 2. McComb | -34.0% | $78K |
| 3. Waveland | -33.5% | $216K |
| 4. Clarksdale | -33.1% | $50K |
| 5. Moss Point | -25.0% | $87K |
| 6. Booneville | -24.6% | $169K |
| 7. St. Martin | -21.8% | $176K |
| 8. Madison | -17.9% | $460K |
| 9. Pearl | -17.4% | $231K |
| 10. Senatobia | -16.6% | $243K |
The Mississippi housing market currently shows balanced market conditions, with a median sale price of $284K and 3.8 months of inventory supply. Homes in Mississippi typically sell in 47 days.
Whether you're buying or selling in Mississippi, working with a local real estate agent who understands these market dynamics can help you achieve the best outcome. Our network of verified agents across Mississippi provides expert guidance tailored to your specific city and neighborhood.
Mississippi is currently classified as a balanced market based on months of supply data. The market is relatively balanced, offering fair conditions for both buyers and sellers. Market conditions vary by city, so check local data for your specific area.
The median home price in Mississippi is approximately $284K as of May 2026. Prices range significantly across the state, with Henderson Point among the most expensive areas and Beulah offering more affordable options. Work with a local real estate agent for the most current pricing in your target neighborhoods.
Selling timelines in Mississippi vary by city and market conditions. The fastest-selling markets include Algoma with a median of 1 days on market. Factors like pricing strategy, home condition, location, and seasonality all affect how quickly a home sells. A skilled listing agent can help price and market your home for a faster sale.
Whether to buy in Mississippi depends on your personal finances, timeline, and target market. Balanced conditions offer a fair environment for well-prepared buyers. Consider factors like mortgage rates, your job stability, how long you plan to stay, and local price trends. Consult with a local real estate agent who can advise on specific neighborhoods.
Start by researching agents with proven experience in your target Mississippi market. Look for agents with strong local transaction history, positive client reviews, and expertise in your price range. Interview at least 2-3 agents before choosing. Ask about their recent sales, marketing strategy, and communication style. Our directory features verified agents across Mississippi to help you find the right match.
Connect with a local expert who knows your market.
Browse Mississippi Agents