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Cheap Homes for Sale in Mississippi

1,661 Homes for Sale

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Mississippi Housing Market Overview

Mississippi is a balanced market, giving buyers and sellers room to negotiate. With 5.4 months of supply and homes averaging 67 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

67

Inventory

6,744

Oct 2021Jul 2024Oct 2026

Median Home Price

$260,000Down 5.42%

In Oct 2026 · YoY

Oct 2021Jul 2024Oct 2026

Mortgage Rates 30-Yr Fixed

7.18%Down 0.06%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
6,744 Up 73.72%
Newly Listed Homes
2,399 Up 12.68%
Months of Supply
5.4 Up 86.21%

Housing Demand

Homes Sold
1,245 Down 7.98%
Sale-to-List Ratio
99.3% Up 5.17%
Homes Sold Above List
23.5% Up 217.54%

30-yr fixed rate 7.18% · Data as of Oct 2026 · Source: Houzeo Research.

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  • mls-imgIDX Logo
    Based on information from MLS United, LLC. through Nov 8, 2026, 6:45 AM. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. © 2026 MLS United, LLC. All Rights Reserved.
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Homes Available icon

1,661

Homes Available

Median List Price icon

$ 260,000

Median List Price

Avg on Market icon

67 Days

Avg on Market