Markets  ›  Mississippi

Mississippi housing market

In the Magnolia State, part of the Census Bureau's East South Central division, Pecan Street tracks two markets. Median sale prices run from $267K in Gulfport to $279K in Jackson as of Sep 2026. Both are higher than a year earlier, led by Gulfport (+6.1%).

Homes sit longest in Gulfport (75 median days on market) and sell fastest in Jackson (74 days). The share of active listings with a price cut runs from 32% in Jackson to 34% in Gulfport. Mississippi's unemployment rate was 3.4% in Aug 2026 (BLS via FRED). The national rate was 4.2% in Sep 2026.

Markets at a glance

MarketMedian sale priceYoYDays on marketPrice-cut sharePrice-to-rent
Gulfport$267K+6.1%7534%≈ 15
Jackson$279K+3.7%7432%≈ 15

Median sale price and year-over-year change from Redfin (rolling three months); median days on market and the share of active listings with a price cut from Realtor.com; price-to-rent is each market page's figure (its median sale price over a year of HUD Fair Market Rent). Figures are per metro market, not statewide.

Recent signals

Strength 4 / 5

$132K

Jackson median price -9.2% YoY

Price-per-sqft also -2.4% YoY, on about 104 closed sales a month.