Mississippi
Local Housing Market · Zillow ZHVI · March 2026
$192,906
Typical Home Value
▲ 0.6% YoY ▲ 0.70% MoM
6.37%
30Y Mortgage Rate
PMMS · May 07, 2026
44bps
YoY Rate Change
▼ Lower than 1yr ago
199bps
30Y/10Y Spread
Norm ~170bps
🏘 Mississippi Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$192,906
▲ 0.6% YoY
Month-over-Month
▲ 0.70% MoM
March 2026
Data Period
March 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
6.37%
PMMS · May 07, 2026
15Y Fixed
5.72%
PMMS · May 07, 2026
1yr Ago 30Y
6.81%
▼ Rates lower now
30Y/10Y Spread
199bps
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 · April 2026
• Inventory is up 8.6% YoY and listing prices are rising 1.4% YoY with 17.2% of listings carrying a price cut. Rising prices support valuations, but verify comps carefully in fast-moving segments.
• Homes are selling in a median 65 days — a slower market. Pending ratio is 0.43 — moderate demand, purchase timelines are manageable.
• New listings are increasing 8.2% YoY. More sellers entering the market supports purchase loan volume.
Median Listing Price
$299,000
▲ 1.4% YoY
Median Days on Market
65d
0d YoY
Active Listings
8,803
▲ 8.6% YoY
New Listings
3,226
▲ 8.2% YoY
Price Reduced Share
17.2%
of active listings
Pending Ratio
0.43
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) · April 2026
Jackson
▼ COOLING
National rank #194
Median Price
$299,193
Median DOM
62d
Demand score 59/100
Hattiesburg
▼ COOLING
National rank #201
Median Price
$309,950
Median DOM
59d
Demand score 49/100
Gulfport-Biloxi
▼ COOLING
National rank #237
Median Price
$302,500
Median DOM
73d
Demand score 44/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply