Mississippi Housing Market
Cold MarketHousing market data and trends for Mississippi. Track median prices, inventory, days on market, and competition metrics for real estate investors.
Data period: January 2026
Median Sale Price
$251K
↑ 0.4% YoY
Days on Market
64 days
↓ 7.2% YoY
Active Inventory
6,679
↑ 0.4% YoY
Homes Sold
1,083
↓ 3.6% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Mississippi Market Summary
The Mississippi housing market is cooling down. As of January 2026, the median home sale price is $251K, up 0.4% year-over-year. Homes are spending a median of 64 days on the market, 7.2% shorter than a year ago.
There are 6,679 homes for sale — 0.4% more than last year. With 6.2 months of supply, this is a buyer's market. 2,051 new listings were added during this period, down 0.7% year-over-year.
Homes are selling for 95.6% of their list price on average, suggesting room for negotiation. 9.3% of homes sell above their asking price. 22.3% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
88
Contributing Factors
How This Market Compares
vs. National Median
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. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 41% below the national median, which could indicate stronger cash flow potential.
Mississippi Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Sale-to-List Ratio
Listings with Price Drops
Detailed Market Metrics
Median List Price
$269K
Price per Sq Ft
$141
Sale-to-List Ratio
95.6%
Months of Supply
6.2
Sold Above List
9.3%
Price Drops
22.3%
New Listings
2,051
↓ 0.7% YoY
Pending Sales
1,717
Metro Areas in Mississippi
Gulfport, MS metro area
$247K median
62 days
on market
Jackson, MS metro area
$259K median
57 days
on market
Tupelo, MS metro area
$254K median
48 days
on market
Oxford, MS metro area
$437K median
59 days
on market
Picayune, MS metro area
$238K median
90 days
on market
Natchez, MS metro area
$230K median
137 days
on market
McComb, MS metro area
$195K median
50 days
on market
Corinth, MS metro area
$262K median
95 days
on market
Vicksburg, MS metro area
$219K median
58 days
on market
Greenville, MS metro area
$139K median
137 days
on market
Brookhaven, MS metro area
$175K median
98 days
on market
Greenwood, MS metro area
$80K median
45 days
on market
Indianola, MS metro area
$105K median
43 days
on market
Grenada, MS metro area
$73K median
64 days
on market
Cleveland, MS metro area
$159K median
112 days
on market
Clarksdale, MS metro area
$131K median
64 days
on market
Columbus, MS metro area
$525K median
159 days
on market
Starkville, MS metro area
$310K median
62 days
on market
Meridian, MS metro area
$375K median
51 days
on market
West Point, MS metro area
$195K median
8 days
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.