Brookhaven, MS Housing Market & Real Estate

Buyer's market-79.5% YoY

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?

Buyer's market10.8 months of supply62 avg. days on 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

Current housing market statistics for Brookhaven, MS
MetricValue
Median sale price$51,250
Median list price$199,000
Year-over-year price change-79.5%
Average days on market62 days
Active inventory43 listings
Months of supply10.8 months
Sale-to-list price ratio85.7%
Market conditionBuyer'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

Price drops:34.9%of listings
Sale-to-list:85.7%

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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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