Strength 4 / 5
$132K
Jackson median price -9.2% YoY
Price-per-sqft also -2.4% YoY, on about 104 closed sales a month.
Source: Redfin, city figures, Jul–Sep 2026
Markets › Mississippi
Mississippi housing market
In the Magnolia State, part of the Census Bureau's East South Central division, Pecan Street tracks three markets. Median sale prices run from $267K in Gulfport to $279K in Jackson over Jul–Sep 2026. All three are higher than a year earlier, led by Hattiesburg (+7.1%).
Homes sit longest in Hattiesburg (75 median days on market) and sell fastest in Jackson (74 days). The share of active listings with a price cut runs from 25% in Hattiesburg to 34% in Gulfport. Price-to-rent ratios run from about 14 in Hattiesburg to 15 in Jackson, measured as years of HUD Fair Market Rent per median sale price. Among the 385 U.S. metros Pecan Street tracks, the Hattiesburg metro has the 29th-lowest share of listings with a price cut. Mississippi's unemployment rate was 3.3% in Sep 2026 (BLS via FRED), below the national rate of 4.2%.
Markets at a glance
| Market | Median sale price | YoY | Days on market | Price-cut share | Price-to-rent |
|---|---|---|---|---|---|
| Gulfport | $267K | +6.1% | 75 | 34% | ≈ 15 |
| Hattiesburg | $279K | +7.1% | 75 | 25% | ≈ 14 |
| Jackson | $279K | +3.7% | 74 | 32% | ≈ 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.