Tupelo, MS metro area Housing Market

Cold Market

Comprehensive housing market data for the Tupelo, 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

$254K

15.3% YoY

Days on Market

48 days

2.0% YoY

Active Inventory

378

5.0% YoY

Homes Sold

68

11.7% YoY

Cold Market

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

Tupelo, MS metro area Market Summary

The Tupelo, MS metro area housing market is cooling down. As of January 2026, the median home sale price is $254K, up 15.3% year-over-year. Homes are spending a median of 48 days on the market, 2.0% shorter than a year ago.

There are 378 homes for sale — 5.0% more than last year. With 5.6 months of supply, this is a balanced market. 123 new listings were added during this period, up 41.4% year-over-year.

Homes are selling for 89.5% of their list price on average, suggesting room for negotiation. 0.0% of homes sell above their asking price. 25.1% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

86

Contributing Factors

Months of Supply 5.6
Days on Market 48
Price Drops 25.1%
Sale-to-List Ratio 89.5%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $423K) 40.0%
Days on Market (National: 66) 27.3%
Inventory (National: 1,210,379) 100.0%

vs. Mississippi Median

Median Price (Mississippi: $251K) 1.2%
Days on Market (Mississippi: 64) 25.0%

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 40% below the national median, which could indicate stronger cash flow potential.

Tupelo, 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

$245K

Price per Sq Ft

$134

Sale-to-List Ratio

89.5%

Months of Supply

5.6

Sold Above List

0.0%

Price Drops

25.1%

New Listings

123

41.4% YoY

Pending Sales

67

Off Market in 2 Weeks

3.0%

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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.