Picayune, MS
Housing market overview · Updated weekly
$191,950median sale price
Homes sold
6
Last 12 weeks
Days on market
156
Average pace
Active listings
47
7.8 months supply
Sale-to-list
97.3%
Below asking
The Picayune housing market is currently classified as a buyer's market with a median sale price of $191,950. Prices have fallen 8.6% compared to last year, with homes spending an average of 156 days on market, indicating 7.8 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
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Frequently asked questions
What is the average home price in Picayune?
The median home sale price in Picayune is $191,950, down 8.6% from last year.
How long do homes stay on market in Picayune?
Homes typically spend 156 days on market before going under contract.
Is Picayune a buyer's or seller's market?
With 7.8 months of supply, Picayune is currently a buyer's market.
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