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Featured local agent — Meridian, MS
Sarah Mitchell
Compass Real Estate · Meridian, MS
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Meridian, MS Housing Market & Real Estate
Housing market overview · Updated monthly ·
$90,000median sale price
How is the Meridian, MS housing market right now?
The median home sale price in Meridian, MS is $90,000, up 522.8% year-over-year. Homes sell in an average of 18 days with 101 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Meridian a buyer's or seller's market?
Meridian, MS is currently a buyer's market, based on 101.0 months of supply and homes selling in about 18 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
18
Fast-moving
Active listings
101
101.0 months supply
Sale-to-list
90.1%
Below asking
What does the Meridian housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $90,000 |
| Median list price | $197,500 |
| Year-over-year price change | +522.8% |
| Average days on market | 18 days |
| Active inventory | 101 listings |
| Months of supply | 101.0 months |
| Sale-to-list price ratio | 90.1% |
| Median price per sq ft | $38/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 29 |
| Listings with a price cut | 18.8% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Meridian by property type?
How the Meridian, MS market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $90,000 | $38/sq ft | 1 | 18 days |
Source: Redfin · Updated monthly
The Meridian housing market is currently classified as a buyer's market with a median sale price of $90,000. Prices have risen 522.8% compared to last year, with homes spending an average of 18 days on market, indicating 101.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.3x provides context for how home values compare to local earning capacity.
Homes for sale in Meridian
There are currently 101 homes listed for sale in Meridian, Mississippi. The median listing price is $198K.
Active listings
101
Homes on market
Median list price
$198K
Avg. days on market
18
Days until sale
New this week
29
Newly listed
Who lives in Meridian?
Population
34,466
Median income
$34,657/yr
Median age
39.4 years
Owner-occupied
47.6%
College grads
20.7%
Avg commute
18.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Meridian?
Zillow home value
$114,437
Zillow rent index
$1,423/mo
Price-to-rent ratio
6.7x
Price-to-income
3.3x
Source: Zillow Research
What is it like to live in Meridian?
Meridian is a community of approximately 34K residents with a median age of 39.4 years.The median household income is $34,657, which represents a working-class community with solid middle-income opportunities. 20.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 47.6%, showing a blend of owner and renter-occupied properties. The average commute time is 18.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Meridian offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Meridian?
18 schools tracked · 8,700 students
The largest public schools serving Meridian, MS by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
MERIDIAN HIGH SCHOOL
Grades 9-12 · 1,314 students
NORTHEAST LAUDERDALE ELEMENTARY
Grades PK-4 · 746 students
WEST LAUDERDALE ELEMENTARY SCHOOL
Grades PK-4 · 725 students
NORTHEAST LAUDERDALE HIGH SCHOOL
Grades 9-12 · 610 students
SOUTHEAST LAUDERDALE ELEMENTARY
Grades PK-4 · 564 students
CLARKDALE ELEMENTARY SCHOOL
Grades PK-6 · 542 students
NORTHEAST LAUDERDALE MIDDLE SCHOOL
Grades 5-8 · 539 students
NORTHWEST JUNIOR HIGH SCHOOL
Grades 6-8 · 518 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Meridian, MS?
Want a head-to-head view? Compare Meridian side-by-side with any other U.S. city using our market-comparison tool.
Is Meridian a good real estate investment market?
For investors evaluating Meridian, the price-to-rent ratio of 6.7x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 522.8% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Meridian's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Meridian's median home price.
Frequently asked questions
What is the average home price in Meridian?
The median home sale price in Meridian is $90,000, up 522.8% from last year.
How long do homes stay on market in Meridian?
Homes typically spend 18 days on market before going under contract.
What is the median income in Meridian?
The median household income is $34,657 per year.
Is Meridian a buyer's or seller's market?
With 101.0 months of supply, Meridian is currently a buyer's market.
What is the Zillow home value estimate for Meridian?
The Zillow Home Value Index (ZHVI) for Meridian is $114,437, representing the typical home value in the area.
How much does a single-family home cost in Meridian?
The median single-family home price in Meridian, MS is $90,000 (about $38 per square foot).
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