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Featured local agent — Pearl, MS
Sarah Mitchell
Compass Real Estate · Pearl, MS
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Pearl, MS Housing Market & Real Estate
Housing market overview · Updated monthly ·
$230,799median sale price
How is the Pearl, MS housing market right now?
The median home sale price in Pearl, MS is $230,799, down 10.9% year-over-year. Homes sell in an average of 24 days with 80 active listings. The market is currently a seller'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 Pearl a buyer's or seller's market?
Pearl, MS is currently a seller's market, based on 2.0 months of supply and homes selling in about 24 days. How we determine this →
Homes sold
40
Last 12 weeks
Days on market
24
Average pace
Active listings
80
2.0 months supply
Sale-to-list
99.6%
Below asking
What does the Pearl housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $230,799 |
| Median list price | $199,900 |
| Year-over-year price change | -10.9% |
| Average days on market | 24 days |
| Active inventory | 80 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 99.6% |
| Median price per sq ft | $159/sq ft |
| Homes sold (latest month) | 40 |
| New listings (latest month) | 38 |
| Listings with a price cut | 26.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Pearl by property type?
How the Pearl, 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 | $230,799 | $159/sq ft | 40 | 24 days |
| Condo / Co-op | $247,500 | $134/sq ft | 1 | 65 days |
| Townhouse | $233,195 | $159/sq ft | 1 | 4 days |
Source: Redfin · Updated monthly
The Pearl housing market is currently classified as a seller's market with a median sale price of $230,799. Prices have fallen 10.9% compared to last year, with homes spending an average of 24 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.9x provides context for how home values compare to local earning capacity.
Homes for sale in Pearl
There are currently 80 homes listed for sale in Pearl, Mississippi. The median listing price is $200K.
Active listings
80
Homes on market
Median list price
$200K
Avg. days on market
24
Days until sale
New this week
38
Newly listed
Who lives in Pearl?
Population
27,458
Median income
$54,643/yr
Median age
36.6 years
Owner-occupied
59.3%
College grads
26.3%
Avg commute
24.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Pearl?
Zillow home value
$212,026
Zillow rent index
$1,487/mo
Price-to-rent ratio
11.9x
Price-to-income
3.9x
Source: Zillow Research
What is it like to live in Pearl?
Pearl is a community of approximately 27K residents with a median age of 36.6 years.The median household income is $54,643, which represents a working-class community with solid middle-income opportunities. 26.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 59.3%, showing a blend of owner and renter-occupied properties. The average commute time is 24.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Pearl offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Pearl?
5 schools tracked · 4,190 students
The largest public schools serving Pearl, 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.
PEARL HIGH SCHOOL
Grades 9-12 · 1,280 students
PEARL JUNIOR HIGH SCHOOL
Grades 6-8 · 948 students
PEARL LOWER ELEMENTARY SCHOOL
Grades PK-1 · 740 students
NORTHSIDE ELEMENTARY SCHOOL
Grades 2-3 · 632 students
PEARL UPPER SCHOOL
Grades 4-5 · 590 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 Pearl, MS?
Want a head-to-head view? Compare Pearl side-by-side with any other U.S. city using our market-comparison tool.
Is Pearl a good real estate investment market?
For investors evaluating Pearl, the price-to-rent ratio of 11.9x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 10.9% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Pearl's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Pearl's median home price.
Frequently asked questions
What is the average home price in Pearl?
The median home sale price in Pearl is $230,799, down 10.9% from last year.
How long do homes stay on market in Pearl?
Homes typically spend 24 days on market before going under contract.
What is the median income in Pearl?
The median household income is $54,643 per year.
Is Pearl a buyer's or seller's market?
With 2.0 months of supply, Pearl is currently a seller's market.
What is the Zillow home value estimate for Pearl?
The Zillow Home Value Index (ZHVI) for Pearl is $212,026, representing the typical home value in the area.
What is the median condo price in Pearl?
The median condo/co-op sale price in Pearl, MS is $247,500, compared to $230,799 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Pearl?
The median single-family home price in Pearl, MS is $230,799 (about $159 per square foot).
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