Mississippi Housing Market Trends

Real-time market data powered by Zillow Research. Last updated: 2026-04-02

Mississippi's housing market is characterized by steady, modest growth without the volatility seen in Sun Belt and coastal states. Jackson has seen some population shifts to suburban communities like Madison and Ridgeland, which offer newer housing stock and higher-performing schools. The Gulf Coast continues to grow, driven by military presence (Keesler Air Force Base), casino tourism, and shipbuilding. Oxford (University of Mississippi) and Starkville (Mississippi State) maintain tight rental and purchase markets driven by university employment and enrollment.

By BuyAHomeIn Editorial | Updated 2026-03-02 | Sources: Zillow Research, U.S. Census

Is Now a Good Time to Buy in Mississippi?

The Mississippi housing market is showing balanced conditions.

home values have grown a moderate 0.2% year-over-year. there are currently 324 homes on the market.

Median Home Value

$189,895

Zillow Home Value Index

Year-over-Year

+0.2%

Home value change

5-Year Change

+20.1%

Since 2021

Median Rent

$1,661/mo

Zillow Observed Rent Index

Active Listings

324

Homes for sale

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: $1,661/mo (+4.9% YoY)

Rent vs. Buy Analysis

With a median home value of $189,895 and average rent of $1,661/mo, the price-to-rent ratio in Mississippi is 9.5. A ratio under 15 generally favors buying.

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