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Featured local agent — Picayune, MS
Sarah Mitchell
Compass Real Estate · Picayune, MS
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Picayune, MS Housing Market & Real Estate
Housing market overview · Updated monthly ·
$150,000median sale price
How is the Picayune, MS housing market right now?
The median home sale price in Picayune, MS is $150,000, down 20.2% year-over-year. Homes sell in an average of 24 days with 49 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 Picayune a buyer's or seller's market?
Picayune, MS is currently a buyer's market, based on 16.3 months of supply and homes selling in about 24 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
24
Average pace
Active listings
49
16.3 months supply
Sale-to-list
99.5%
Below asking
What does the Picayune housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $150,000 |
| Median list price | $195,000 |
| Year-over-year price change | -20.2% |
| Average days on market | 24 days |
| Active inventory | 49 listings |
| Months of supply | 16.3 months |
| Sale-to-list price ratio | 99.5% |
| Median price per sq ft | $106/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 14 |
| Listings with a price cut | 22.4% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Picayune by property type?
How the Picayune, 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 | $150,000 | $106/sq ft | 3 | 24 days |
Source: Redfin · Updated monthly
The Picayune housing market is currently classified as a buyer's market with a median sale price of $150,000. Prices have fallen 20.2% compared to last year, with homes spending an average of 24 days on market, indicating 16.3 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 5.3x provides context for how home values compare to local earning capacity.
Homes for sale in Picayune
There are currently 49 homes listed for sale in Picayune, Mississippi. The median listing price is $195K.
Active listings
49
Homes on market
Median list price
$195K
Avg. days on market
24
Days until sale
New this week
14
Newly listed
Who lives in Picayune?
Population
11,839
Median income
$37,270/yr
Median age
39.3 years
Owner-occupied
63.1%
College grads
14.2%
Avg commute
33.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Picayune?
Zillow home value
$199,128
Price-to-income
5.3x
Source: Zillow Research
What is it like to live in Picayune?
Picayune is a community of approximately 12K residents with a median age of 39.3 years.The median household income is $37,270, which represents a working-class community with solid middle-income opportunities. 14.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 63.1%, showing a blend of owner and renter-occupied properties. The average commute time is 33.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Picayune offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Picayune?
12 schools tracked · 3,961 students
The largest public schools serving Picayune, 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.
PICAYUNE MEMORIAL HIGH SCHOOL
Grades 9-12 · 960 students
PICAYUNE JUNIOR HIGH SCHOOL
Grades 7-8 · 488 students
WEST SIDE ELEMENTARY SCHOOL
Grades K-6 · 419 students
ROSELAND PARK ELEMENTARY SCHOOL
Grades K-6 · 368 students
WEST HANCOCK ELEMENTARY SCHOOL
Grades PK-5 · 363 students
NICHOLSON ELEMENTARY SCHOOL
Grades K-6 · 363 students
SOUTH SIDE LOWER ELEMENTARY SCHOOL
Grades PK-2 · 340 students
SOUTH SIDE ELEMENTARY SCHOOL
Grades 3-6 · 313 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 Picayune, MS?
Want a head-to-head view? Compare Picayune side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Picayune?
The median home sale price in Picayune is $150,000, down 20.2% from last year.
How long do homes stay on market in Picayune?
Homes typically spend 24 days on market before going under contract.
What is the median income in Picayune?
The median household income is $37,270 per year.
Is Picayune a buyer's or seller's market?
With 16.3 months of supply, Picayune is currently a buyer's market.
What is the Zillow home value estimate for Picayune?
The Zillow Home Value Index (ZHVI) for Picayune is $199,128, representing the typical home value in the area.
How much does a single-family home cost in Picayune?
The median single-family home price in Picayune, MS is $150,000 (about $106 per square foot).
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