The Mississippi market right now
Sales figures: Redfin Data Center, market tracker (Redfin, a national real estate brokerage), Mississippi, May 2026, all residential property types. Typical value: Zillow Home Value Index (ZHVI), Zillow Research, August 2026, mid-tier homes, seasonally adjusted. These are area-wide figures, not a value for any one home.
With about 3.8 months of supply, this is a fairly balanced market by the usual rule of thumb, and homes sold for about 2.6% below their list price on average.
Show the numbers
| Month | Median sale price |
|---|---|
| May 2026 | $284,300 |
| Apr 2026 | $273,400 |
| Mar 2026 | $264,700 |
| Feb 2026 | $259,900 |
| Jan 2026 | $251,000 |
| Dec 2025 | $267,400 |
| Nov 2025 | $268,400 |
| Oct 2025 | $265,300 |
| Sep 2025 | $263,400 |
| Aug 2025 | $266,700 |
| Jul 2025 | $264,700 |
| Jun 2025 | $272,700 |
| May 2025 | $268,600 |
| Apr 2025 | $267,000 |
| Mar 2025 | $254,900 |
| Feb 2025 | $254,400 |
| Jan 2025 | $250,000 |
| Dec 2024 | $265,400 |
| Nov 2024 | $257,400 |
| Oct 2024 | $259,900 |
| Sep 2024 | $251,500 |
| Aug 2024 | $254,600 |
| Jul 2024 | $261,000 |
| Jun 2024 | $263,700 |
| May 2024 | $258,500 |
Source: Redfin Data Center, Mississippi. Monthly figures, not seasonally adjusted, so some ups and downs are just the time of year.
Mississippi rules that affect sellers
Transfer tax
Mississippi does not charge a state real estate transfer tax on home sales. Sellers still pay ordinary closing costs such as title, attorney and recording fees. Confirm any local fees with your closing attorney.
Seller disclosure
Yes, when an agent is involved. Under Mississippi Code 89-1-501 to 89-1-527, a seller of a home with 1 to 4 units must give the buyer a Property Condition Disclosure Statement on the Mississippi Real Estate Commission's form when the sale is made by or with the help of a licensed broker or salesperson. It is due before the buyer signs an offer or contract.
Who handles the closing
Mississippi requires a licensed attorney to examine and certify title, and an attorney prepares and reviews the legal documents in a typical home sale. Title companies also take part in the closing.
Source: HomeLight, Some States Require a Real Estate Attorney at Closing (secondary source)
Also worth knowing
If the Property Condition Disclosure Statement is delivered after the buyer has made an offer, the buyer may cancel without penalty within 3 days of hand delivery or 5 days after it is mailed, and any earnest money must be returned.
Checking an agent's license
Real estate agents in Mississippi are licensed by the Mississippi Real Estate Commission. You can look up any agent before you work with them.
Rules checked 2026-09-30. They change, and local practice varies: confirm with your title company, closing attorney or agent before relying on them. This is general information, not legal or tax advice.
Metro areas in Mississippi
Prices and pace can be very different from one metro to the next, so the local page is a better guide than the statewide figure.
Market figures: Redfin Data Center and Zillow Research, updated monthly. All states.