I want to... 🏠 Sell my home | 🗝️ Buy a home | 🗺️ Find a new place to live in Mississippi
💡 Key Mississippi housing market facts
| Data Point | Value | Rank | Compared to National Avg |
| Typical Home Value | $179,182[1] | #49 of 50 states | 51.1% lower |
| Median Listing Price | $291,650[2] | #43 of 50 states | 33.6% lower |
| Median Sale Price | $254,500[3] | #45 of 50 states | 38.3% lower |
| 30 Year Mortgage Rate | 7.03%[4] | #34 of 50 states | 0.8% higher |
| Median Days on Market | 68[5] | #42 of 50 states | 26.2% 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 4.7, meaning it takes 4.7 years of the median household income ($54,203) to afford Mississippi's median home sale price ($254,500). Because of this, we rank Mississippi as the 22nd most affordable state for buyers based strictly on prices compared to income.
| Data Point | Value | Rank | Compared to National Avg |
| Median Sale Price | $254,500[6] | #45 of 50 states | 38.3% 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 | 4.7 | #22 of 50 states | 10.8% lower |
| Buyers Agent Commission | 2.55%[9] | #17 of 50 states | 0.5% higher |
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 2.75%, which is the 23rd lowest in the United States. Buyers' agents charge an average commission of 2.55%, which is the 17th lowest in the United States.
| Data Point | Value | Rank | Compared to National Avg |
| Median Listing Price | $291,650[10] | #43 of 50 states | 33.6% lower |
| Median Sale Price | $254,500[11] | #45 of 50 states | 38.3% lower |
| Median Days on Market | 68[12] | #42 of 50 states | 26.2% longer |
| Buyer's Agent Commission | 2.55%[13] | #17 of 50 states | 0.5% higher |
| Listing Agent Commission | 2.75%[14] | #23 of 50 states | 1% higher |
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 |