Brandon, MS Housing Market & Real Estate

Balanced market-0.5% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Brandon, MS is $304,397, down 0.5% year-over-year. Homes sell in an average of 52 days with 88 active listings. The market is currently a balanced market.

$304,397median sale price

Is Brandon a buyer's or seller's market?

Balanced market3.7 months of supply52 avg. days on market

Brandon, MS is currently a balanced market, based on 3.7 months of supply and homes selling in about 52 days. How we determine this →

Homes sold

24

Last 12 weeks

Days on market

52

Average pace

Active listings

88

3.7 months supply

Sale-to-list

98.5%

Below asking

Brandon, MS market data

Current housing market statistics for Brandon, MS
MetricValue
Median sale price$304,397
Median list price$338,000
Year-over-year price change-0.5%
Average days on market52 days
Active inventory88 listings
Months of supply3.7 months
Sale-to-list price ratio98.5%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Brandon housing market is currently classified as a balanced market with a median sale price of $304,397. Prices have fallen 0.5% compared to last year, with homes spending an average of 52 days on market, indicating 3.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Brandon

There are currently 88 homes listed for sale in Brandon, Mississippi. The median listing price is $338K.

Active listings

88

Homes on market

Median list price

$338K

Avg. days on market

52

Days until sale

New this week

32

Newly listed

Price drops:11.4%of listings
Sale-to-list:98.5%

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Frequently asked questions

What is the average home price in Brandon?

The median home sale price in Brandon is $304,397, down 0.5% from last year.

How long do homes stay on market in Brandon?

Homes typically spend 52 days on market before going under contract.

Is Brandon a buyer's or seller's market?

With 3.7 months of supply, Brandon is currently a balanced market.

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