Mississippi
Local Housing Market · Zillow ZHVI · July 2026
$196,333
Typical Home Value
▲ 2.0% YoY ▼ 0.12% MoM
6.65%
30Y Mortgage Rate
PMMS · Aug 20, 2026
9bps
YoY Rate Change
▲ Higher than 1yr ago
195bps
30Y/10Y Spread
Norm ~170bps
🏘 Mississippi Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$196,333
▲ 2.0% YoY
Month-over-Month
▼ 0.12% MoM
July 2026
Data Period
July 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
6.65%
PMMS · Aug 20, 2026
15Y Fixed
5.95%
PMMS · Aug 20, 2026
1yr Ago 30Y
6.56%
▲ Rates higher 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 · July 2026
• Inventory is up 8.5% YoY and listing prices are flat 0.2% YoY with 19.0% of listings carrying a price cut. Pricing is stable — comps should be reliable.
• Homes are selling in a median 72 days — a slower market. Pending ratio is 0.37 — moderate demand, purchase timelines are manageable.
• New listings are roughly flat 0.4% YoY. Seller activity is stable.
Median Listing Price
$298,450
▼ 0.2% YoY
Median Days on Market
72d
0d YoY
Active Listings
9,247
▲ 8.5% YoY
New Listings
2,806
▲ 0.4% YoY
Price Reduced Share
19.0%
of active listings
Pending Ratio
0.37
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) · July 2026
Hattiesburg
▼ COOLING
National rank #189
Median Price
$296,625
Median DOM
63d
Demand score 47/100
Jackson
▼ COOLING
National rank #190
Median Price
$285,125
Median DOM
70d
Demand score 59/100
Gulfport-Biloxi
▼ COOLING
National rank #218
Median Price
$299,472
Median DOM
73d
Demand score 47/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply