Mississippi Housing Market Trends

Real-time market data powered by Zillow Research. Last updated: 2026-03-03

Is Now a Good Time to Buy in Mississippi?

The Mississippi housing market is showing balanced conditions.

home values have been essentially flat (0.0%) over the past year. there are currently 326 homes on the market.

Median Home Value

$186,295

Zillow Home Value Index

Year-over-Year

0%

Home value change

5-Year Change

+20.3%

Since 2021

Median Rent

$1,811/mo

Zillow Observed Rent Index

Active Listings

326

Homes for sale

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Home Value Trends

5-year Zillow Home Value Index (ZHVI) for Mississippi vs. national average. ZHVI reflects the typical home value in the 35th-65th percentile range.

Rent Trends

Average rent in Mississippi: $1,811/mo (+4.5% YoY)

Rent vs. Buy Analysis

With a median home value of $186,295 and average rent of $1,811/mo, the price-to-rent ratio in Mississippi is 8.6. A ratio under 15 generally favors buying.

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Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.

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