12 cities with year-over-year price decreases
-21.5%
Biggest Drop
-11.7%
Avg Decline
Price drops can signal buying opportunities. These markets may offer better negotiating leverage and more affordable entry points compared to last year.
| # | City | YoY Change | Median Price | Days on Market | Months Supply |
|---|---|---|---|---|---|
| 1 | Ocean Springs | -21.5% | $279K | 83 days | 3.4 mo |
| 2 | Gulfport | -19.5% | $175K | 64 days | 4.3 mo |
| 3 | Vicksburg | -18.2% | $123K | 152 days | 6.8 mo |
| 4 | Waveland | -18.2% | $268K | 103 days | 7.2 mo |
| 5 | Flowood | -17.2% | $360K | 57 days | 3.8 mo |
| 6 | Diamondhead | -15.0% | $221K | 18 days | 4.2 mo |
| 7 | Pearl | -14.1% | $231K | 55 days | 3.5 mo |
| 8 | Bay St. Louis | -7.6% | $307K | 87 days | 7.6 mo |
| 9 | Gautier | -3.1% | $200K | 34 days | 2.3 mo |
| 10 | D'Iberville | -2.9% | $294K | 68 days | 3.0 mo |
| 11 | Olive Branch | -1.8% | $344K | 58 days | 2.3 mo |
| 12 | Oxford | -1.0% | $495K | 38 days | 3.1 mo |
12 cities in Mississippi are experiencing year-over-year price declines. The largest drop is in Ocean Springs at -21.5%.
Price drops can create buying opportunities, but timing the market is difficult. Work with a local agent who understands whether a market is stabilizing or may continue to decline.
Work with a local agent who can help you identify value in changing markets.
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