Brookhaven, MS Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Brookhaven, MS is $51,250, down 79.5% year-over-year. Homes sell in an average of 62 days with 43 active listings. The market is currently a buyer's market.
$51,250median sale price
Is Brookhaven a buyer's or seller's market?
Brookhaven, MS is currently a buyer's market, based on 10.8 months of supply and homes selling in about 62 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
62
Average pace
Active listings
43
10.8 months supply
Sale-to-list
85.7%
Below asking
Brookhaven, MS market data
| Metric | Value |
|---|---|
| Median sale price | $51,250 |
| Median list price | $199,000 |
| Year-over-year price change | -79.5% |
| Average days on market | 62 days |
| Active inventory | 43 listings |
| Months of supply | 10.8 months |
| Sale-to-list price ratio | 85.7% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Brookhaven housing market is currently classified as a buyer's market with a median sale price of $51,250. Prices have fallen 79.5% compared to last year, with homes spending an average of 62 days on market, indicating 10.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Brookhaven
There are currently 43 homes listed for sale in Brookhaven, Mississippi. The median listing price is $199K.
Active listings
43
Homes on market
Median list price
$199K
Avg. days on market
62
Days until sale
New this week
17
Newly listed
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Frequently asked questions
What is the average home price in Brookhaven?
The median home sale price in Brookhaven is $51,250, down 79.5% from last year.
How long do homes stay on market in Brookhaven?
Homes typically spend 62 days on market before going under contract.
Is Brookhaven a buyer's or seller's market?
With 10.8 months of supply, Brookhaven is currently a buyer's market.
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