Mississippi
Local Housing Market · Zillow ZHVI · September 2026
$194,531
Typical Home Value
▲ 2.2% YoY ▼ 0.26% MoM
7.40%
30Y Mortgage Rate
PMMS · Oct 15, 2026
121bps
YoY Rate Change
▲ Higher than 1yr ago
230bps
30Y/10Y Spread
Norm ~170bps
🏘 Mississippi Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$194,531
▲ 2.2% YoY
Month-over-Month
▼ 0.26% MoM
September 2026
Data Period
September 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
7.40%
PMMS · Oct 15, 2026
15Y Fixed
6.71%
PMMS · Oct 15, 2026
1yr Ago 30Y
6.19%
▲ Rates higher now
30Y/10Y Spread
230bps
Normal · norm ~170bps
Freddie Mac PMMS via FRED · National rates · State-specific rates may vary slightly
📋 Realtor.com Market Data · Mississippi
Market Indicators
REALTOR.COM🏦 LO Market Signal · September 2026
• Inventory is up 7.4% YoY and listing prices are softening 1.4% YoY with 19.0% of listings carrying a price cut. Appraisal risk is lower, but watch for value gaps on pending deals.
• Homes are selling in a median 75 days — a slower market. Pending ratio is 0.33 — moderate demand, purchase timelines are manageable.
• New listings are roughly flat 1.5% YoY. Seller activity is stable.
Median Listing Price
$292,250
▼ 1.4% YoY
Median Days on Market
75d
0d YoY
Active Listings
9,519
▲ 7.4% YoY
New Listings
2,642
▼ 1.5% YoY
Price Reduced Share
19.0%
of active listings
Pending Ratio
0.33
pending ÷ active
Realtor.com Research · State-level inventory data · Updated monthly
Hottest Markets in Mississippi
REALTOR.COMTop metros by national hotness rank (supply + demand composite) · September 2026
Jackson
▼ COOLING
National rank #199
Median Price
$285,000
Median DOM
73d
Demand score 54/100
Gulfport-Biloxi
▼ COOLING
National rank #212
Median Price
$296,000
Median DOM
74d
Demand score 48/100
Hattiesburg
▼ COOLING
National rank #214
Median Price
$299,500
Median DOM
72d
Demand score 45/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply