Picayune, MS Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Picayune, MS is $191,950, down 8.6% year-over-year. Homes sell in an average of 156 days with 47 active listings. The market is currently a buyer's market.
$191,950median sale price
Is Picayune a buyer's or seller's market?
Picayune, MS is currently a buyer's market, based on 7.8 months of supply and homes selling in about 156 days. How we determine this →
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
Picayune, MS market data
| Metric | Value |
|---|---|
| Median sale price | $191,950 |
| Median list price | $214,900 |
| Year-over-year price change | -8.6% |
| Average days on market | 156 days |
| Active inventory | 47 listings |
| Months of supply | 7.8 months |
| Sale-to-list price ratio | 97.3% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
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
Homes for sale in Picayune
There are currently 47 homes listed for sale in Picayune, Mississippi. The median listing price is $215K.
Active listings
47
Homes on market
Median list price
$215K
Avg. days on market
156
Days until sale
New this week
11
Newly listed
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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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