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Featured local agent — Benoit, MS
Sarah Mitchell
Compass Real Estate · Benoit, MS
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Benoit, MS Housing Market
The typical home in Benoit, MS is worth $172,048, rose 4.9% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $199,000 (through May 2026). With 1.0 months of supply and homes going under contract in about 49 days, Benoit is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $172,048 home is about $918/mo in principal and interest.
Key numbers for Benoit, MS
Typical home value
$172,048
+4.9% in 12 months
Zillow, August 2026
Median sale price
$199,000
Last published period
Redfin, through May 2025
Days on market
49
Average pace
Redfin, through May 2025
Active listings
1
1.0 months of supply
Redfin, through May 2025
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Sale-to-list ratio
100.0%
Selling above asking
Redfin, through May 2025
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Benoit a buyer's or seller's market?
Benoit, MS is a seller's market, based on 1.0 months of supply and homes selling in about 49 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Benoit housing market data show?
Every row below is Redfin's final published month for Benoit, MS. Redfin, through May 2025
| Metric | Value |
|---|---|
| Median sale price | $199,000 |
| Median list price | $150,000 |
| Median price per sq ft | $106/sq ft |
| Median days on market | 49 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 100.0% |
| Homes sold (that month) | 1 |
| New listings (that month) | 1 |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Benoit is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Benoit is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Benoit home prices moved?
Across the 4 months we hold for Benoit, MS, the median sale price rose 221.0%, from $62,000 in September 2021 to $199,000. The live Zillow value series has rose 4.9% in the last 12 months, which is the more current read now that Redfin's series has stopped. For prices to fall meaningfully from here, supply would have to keep building past 1.0 months while the sale-to-list ratio slips below its current 100.0%. Watch those two together — they move before the median does.
Redfin, through May 2025 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Benoit?
Priced off the typical home value of $172,048 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $34,410 | $137,639 | $918/mo |
| 5% | $8,602 | $163,446 | $1,091/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $918, that implies roughly $39,364 a year before you add taxes and insurance. We do not hold a Census income figure for Benoit, so we cannot compare that threshold to local earnings.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Benoit in the next 12 months?
Tell us your timeline. We send the Benoit market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Benoit?
Zillow does not publish a rent index (ZORI) for Benoit, MS, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Benoit?
We hold fewer than two months of inventory readings for Benoit, MS, so there is no trend to report yet. The most recent count we have is 1 active listings (Redfin, through May 2026).
How does Benoit compare to Mississippi and the U.S.?
Benoit homes sell for $199,000 — 30% below the Mississippi median of $284,300. Against the national median of $410,700, Benoit runs 52% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Benoit, MS | $199,000 | not published | 49 days |
| Mississippi statewide | $284,300 | +5.7% | 47 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2025 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Benoit
What buyers should watch
- Months of supply, currently 1.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $172 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $172,048 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Benoit listing goes under contract in 49 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 100.0% of asking. Price at the number you want and let competition do the rest.
- In the last published month Benoit added 1 new listings against 1 sales — more clearing than arriving, which is the better window to list.
- Your equity moved +4.9% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Benoit varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Benoit
There are currently 1 homes listed for sale in Benoit, Mississippi. The median listing price is $150K.
Active listings
1
Homes on market
Median list price
$150K
Avg. days on market
49
Days until sale
New this week
1
Newly listed
How much do homes cost in Benoit by property type?
How the Benoit, MS market breaks down across single-family homes, condos and townhouses. Redfin, through May 2025
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $199,000 | $106/sq ft | 1 | 49 days |
Who lives in Benoit?
American Community Survey estimates for Benoit. U.S. Census ACS, 2023
Population
572
Households
195
Median age
34.8 years
Owner-occupied
70.3%
Median home value
$93,800
Median gross rent
$495/mo
Mean commute
37.9 min
70.3% of occupied homes in Benoit are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $93,800 against Zillow's $172,048 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which cities are near Benoit, MS?
Ordered by distance from Benoit, not by size. Compare Benoit side by side with any of them.
Benoit housing market FAQ
Is Benoit a buyer's or seller's market?
Benoit, MS is currently a seller's market. That read comes from 1.0 months of supply, homes going under contract in about 49 days, and sellers getting 100.0% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Benoit?
The typical home in Benoit, MS is worth $172,048 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $199,000, about $106 per square foot.
Is Benoit cheaper than the rest of Mississippi?
Benoit's median sale price of $199,000 is 30% lower than the Mississippi statewide median of $284,300, and 52% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Benoit?
Homes in Benoit, MS spent a median of 49 days on market before going under contract, versus 47 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Benoit?
At the current 30-year fixed rate of 7.03%, 20% down on a $172,048 home is about $918 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $39,364 a year before taxes, insurance, HOA dues or mortgage insurance.
Are home prices rising in Benoit?
The typical home value in Benoit, MS rose 4.9% over the last 12 months, from $164,056 to $172,048 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Benoit?
Benoit ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Benoit?
That depends on your timeline, not on a headline. What the data says today: Benoit, MS is a seller's market with 1.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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