Picayune, MS

Buyer's market-8.6% YoY

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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