🏠 Buying a house in Mississippi | 🏘️ Selling a house in Mississippi | 🚚 Moving to Mississippi
🏡 Home values in Mississippi have risen 1.77% over the past year, indicating a buyer's market.
📈 Housing inventory (the total number of homes for sale) stands at 6,737. That's about 6.23 months of inventory, indicating a seller's market.
📊 The sale-to-list price ratio (the percentage of listing price sellers are actually getting) is 96.60%, indicating a buyer's market.
How does Mississippi compare to the national average?
| Data point | Value | Rank | Compared to national avg |
| Typical home value | $187,882[1] | #49 of 50 states | 50% lower |
| Median listing price | $296,500[2] | #45 of 50 states | 33.1% lower |
| Median sale price | $262,300[3] | #46 of 50 states | 40% lower |
| 30-year mortgage rate | 7.03%[4] | #34 of 50 states | 0.8% higher |
| Median days on market | 69[5] | #42 of 50 states | 17.3% longer |
Looking to buy or sell in Mississippi?
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Buying a house in the Mississippi real estate market
Mississippi has an affordability score of 4.8, meaning it takes 4.8 years of the median household income ($54,203) to afford Mississippi's median home sale price ($262,300). Because of this, we rank Mississippi as the 20th most affordable state for buyers based strictly on prices compared to income.
| Data Point | Value | Rank | Compared to national avg |
| Median sale price | $262,300[6] | #46 of 50 states | 40% lower |
| 30-year mortgage rate | 7.03%[7] | #34 of 50 states | 0.8% higher |
| Median household income | $54,203[8] | #50 of 50 states | 29.6% lower |
| Affordability ratio | 4.8 | #20 of 50 states | 13.2% lower |
| Buyers agent commission | 2.82%[9] | #27 of 50 states | 2.7% higher |
Who pays for realtor commission in Mississippi?
Real estate agents' commissions are technically the responsibility of their respective clients - buyers pay their agents, and sellers pay theirs. Each party signs a contract with their agent promising to pay. However, sellers usually offer to pay for the buyer's agent so they can more easily afford the home.
Who pays closing costs in Mississippi?
Sellers are usually responsible for most closing costs, but some closing expenses fall to the buyer. As a buyer, you'll be expected to pay for the mortgage loan origination fee and other lender-related fees, private mortgage insurance, the down payment, an appraisal fee, and a home inspection fee.
Learn more about who pays closing costs in Mississippi.
Resources for Mississippi home buyers
Preparing to buy in Mississippi
Mississippi home buying costs
Selling a house in the Mississippi real estate market
According to our detailed survey of Mississippi real estate agents, listing agents (those representing the seller) charge an average commission in Mississippi of 2.83%, which is the 18th lowest in the United States. Buyers' agents charge an average commission of 2.82%, which is the 24th highest in the United States.
| Data point | Value | Rank | Compared to national avg |
| Median listing price | $296,500[10] | #45 of 50 states | 33.1% lower |
| Median sale price | $262,300[11] | #46 of 50 states | 40% lower |
| Median days on market | 69[12] | #42 of 50 states | 17.3% longer |
| Buyer's agent commission | 2.82%[13] | #27 of 50 states | 2.7% higher |
| Listing agent commission | 2.83%[14] | #18 of 50 states | 0.4% lower |
Resources for Mississippi home sellers
Preparing to sell in Mississippi
- Selling a House in Mississippi: 8 Simple Steps
- Average Time to Sell a House in Mississippi
- When Is the Best Time to Sell a House in Mississippi?
- Top Real Estate Agents in Mississippi
Mississippi home selling costs and requirements
Moving to Mississippi
According to our recent moving trends survey[15], 4% of Americans indicated that they would choose to move to Mississippi if money were no object. Likewise, 8% of survey respondents indicated that they would move to Jackson among a choice of America's medium-sized cities.
Here's how Mississippi cities rank in a number of our research studies.
| Study | Best Mississippi city | Rank |
| Best Pizza Cities[16] | No ranking Mississippi cities | No ranking Mississippi cities |
| Best Coffee Cities[17] | No ranking Mississippi cities | No ranking Mississippi cities |
| Best LGBTQ Cities[18] | No ranking Mississippi cities | No ranking Mississippi cities |
| Best Bike Cities[19] | No ranking Mississippi cities | No ranking Mississippi cities |
| Best Commuter Cities[20] | No ranking Mississippi cities | No ranking Mississippi cities |
Where to shop for homes in Mississippi
Frequently asked questions
As of October 17, 2025, the median days on market (DOM) in Mississippi is 74. On average, it takes about 72 days to sell in Mississippi.
Home values have risen in Mississippi over the past year. The current median home value is $191,607 and it's projected to decrease by 3.92% in the next year.
As of October 17, 2025, sellers in Mississippi are typically getting of the list price for their homes.
Methodology
Information on market conditions is based on Zillow data as of September 2025, Realtor.com data as of September 2025, and HouseCanary data as of October 17, 2025, unless specified otherwise.
We gathered our commission rate data from a September 2025 survey of 828 of agents nationwide. The survey asked about standard local rates for both listing and buying agents. To ensure an adequate amount of agent data, these data points are averages based on responses we've received from 250 agents in the Southeast region.