Southaven, MS

Balanced market-4.2% YoY

Housing market overview · Updated weekly

$285,000median sale price

Homes sold

37

Last 12 weeks

Days on market

63

Average pace

Active listings

140

3.8 months supply

Sale-to-list

97.1%

Below asking

The Southaven housing market is currently classified as a balanced market with a median sale price of $285,000. Prices have fallen 4.2% compared to last year, with homes spending an average of 63 days on market, indicating 3.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Southaven

There are currently 140 homes listed for sale in Southaven, Mississippi. The median listing price is $287K.

Active listings

140

Homes on market

Median list price

$287K

Avg. days on market

63

Days until sale

New this week

54

Newly listed

Price drops:27.9%of listings
Sale-to-list:97.1%

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Frequently asked questions

What is the average home price in Southaven?

The median home sale price in Southaven is $285,000, down 4.2% from last year.

How long do homes stay on market in Southaven?

Homes typically spend 63 days on market before going under contract.

Is Southaven a buyer's or seller's market?

With 3.8 months of supply, Southaven is currently a balanced market.

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