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: January 2026

Median Sale Price

$375K

509.8% YoY

Days on Market

51 days

292.3% YoY

Active Inventory

179

6.5% YoY

Homes Sold

1

0.0% 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 January 2026, the median home sale price is $375K, up 509.8% year-over-year. Homes are spending a median of 51 days on the market, 292.3% longer than a year ago.

There are 179 homes for sale — 6.5% more than last year. With 179.0 months of supply, this is a buyer's market. 35 new listings were added during this period, down 7.9% year-over-year.

0.0% of homes sell above their asking price. 16.2% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

80

Contributing Factors

Months of Supply 179.0
Days on Market 51
Price Drops 16.2%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $423K) 11.3%
Days on Market (National: 66) 22.7%
Inventory (National: 1,210,379) 100.0%

vs. Mississippi Median

Median Price (Mississippi: $251K) 49.5%
Days on Market (Mississippi: 64) 20.3%

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.

Meridian, 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

$198K

Price per Sq Ft

$231

Sale-to-List Ratio

N/A

Months of Supply

179.0

Sold Above List

0.0%

Price Drops

16.2%

New Listings

35

7.9% YoY

Pending Sales

32

Off Market in 2 Weeks

15.6%

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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.