Mississippi
Local Housing Market · Zillow ZHVI · May 2026
$197,008
Typical Home Value
▲ 1.4% YoY ▼ 0.04% MoM
6.49%
30Y Mortgage Rate
PMMS · Jul 09, 2026
26bps
YoY Rate Change
▼ Lower than 1yr ago
195bps
30Y/10Y Spread
Norm ~170bps
🏘 Mississippi Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$197,008
▲ 1.4% YoY
Month-over-Month
▼ 0.04% MoM
May 2026
Data Period
May 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
6.49%
PMMS · Jul 09, 2026
15Y Fixed
5.82%
PMMS · Jul 09, 2026
1yr Ago 30Y
6.75%
▼ Rates lower now
30Y/10Y Spread
195bps
Tight · 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 · June 2026
• Inventory is up 9.5% YoY and listing prices are flat 0.4% YoY with 18.5% of listings carrying a price cut. Pricing is stable — comps should be reliable.
• Homes are selling in a median 68 days — a slower market. Pending ratio is 0.4 — moderate demand, purchase timelines are manageable.
• New listings are roughly flat 1.6% YoY. Seller activity is stable.
Median Listing Price
$299,900
▲ 0.4% YoY
Median Days on Market
68d
0d YoY
Active Listings
9,196
▲ 9.5% YoY
New Listings
2,946
▲ 1.6% YoY
Price Reduced Share
18.5%
of active listings
Pending Ratio
0.4
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) · June 2026
Hattiesburg
▼ COOLING
National rank #181
Median Price
$299,900
Median DOM
57d
Demand score 53/100
Jackson
▼ COOLING
National rank #202
Median Price
$296,750
Median DOM
65d
Demand score 58/100
Gulfport-Biloxi
▼ COOLING
National rank #229
Median Price
$308,250
Median DOM
71d
Demand score 44/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply