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Featured local agent — Southaven, MS
Sarah Mitchell
Compass Real Estate · Southaven, MS
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Southaven, MS Housing Market & Real Estate
Housing market overview · Updated monthly ·
$278,550median sale price
How is the Southaven, MS housing market right now?
The median home sale price in Southaven, MS is $278,550, down 13.0% year-over-year. Homes sell in an average of 42 days with 175 active listings. The market is currently a balanced 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 Southaven a buyer's or seller's market?
Southaven, MS is currently a balanced market, based on 3.2 months of supply and homes selling in about 42 days. How we determine this →
Homes sold
54
Last 12 weeks
Days on market
42
Average pace
Active listings
175
3.2 months supply
Sale-to-list
99.0%
Below asking
What does the Southaven housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $278,550 |
| Median list price | $315,000 |
| Year-over-year price change | -13.0% |
| Average days on market | 42 days |
| Active inventory | 175 listings |
| Months of supply | 3.2 months |
| Sale-to-list price ratio | 99.0% |
| Median price per sq ft | $149/sq ft |
| Homes sold (latest month) | 54 |
| New listings (latest month) | 83 |
| Listings with a price cut | 27.4% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Southaven by property type?
How the Southaven, 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 | $278,550 | $149/sq ft | 54 | 42 days |
| Condo / Co-op | $239,000 | $199/sq ft | 1 | 11 days |
| Townhouse | $208,500 | $159/sq ft | 2 | 22 days |
Source: Redfin · Updated monthly
The Southaven housing market is currently classified as a balanced market with a median sale price of $278,550. Prices have fallen 13.0% compared to last year, with homes spending an average of 42 days on market, indicating 3.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.6x provides context for how home values compare to local earning capacity.
Homes for sale in Southaven
There are currently 175 homes listed for sale in Southaven, Mississippi. The median listing price is $315K.
Active listings
175
Homes on market
Median list price
$315K
Avg. days on market
42
Days until sale
New this week
83
Newly listed
Who lives in Southaven?
Population
55,531
Median income
$76,159/yr
Median age
35.6 years
Owner-occupied
71.6%
College grads
27.0%
Avg commute
24.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Southaven?
Zillow home value
$276,561
Zillow rent index
$1,540/mo
Price-to-rent ratio
15.0x
Price-to-income
3.6x
Source: Zillow Research
What is it like to live in Southaven?
Southaven is a community of approximately 56K residents with a median age of 35.6 years.The median household income is $76,159, which reflects a relatively affluent area with strong earning potential. 27.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 71.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Southaven offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Southaven?
11 schools tracked · 11,159 students
The largest public schools serving Southaven, 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.
DESOTO CENTRAL HIGH SCHOOL
Grades 9-12 · 2,011 students
SOUTHAVEN HIGH SCHOOL
Grades 9-12 · 1,825 students
SOUTHAVEN MIDDLE SCHOOL
Grades 6-8 · 1,451 students
DESOTO CENTRAL MIDDLE SCHOOL
Grades 6-8 · 1,407 students
SOUTHAVEN INTERMEDIATE SCHOOL
Grades 3-5 · 997 students
DESOTO CENTRAL PRIMARY
Grades K-2 · 847 students
DESOTO CENTRAL ELEMENTARY SCHOOL
Grades 3-5 · 820 students
SOUTHAVEN ELEMENTARY
Grades PK-5 · 666 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 Southaven, MS?
Want a head-to-head view? Compare Southaven side-by-side with any other U.S. city using our market-comparison tool.
Is Southaven a good real estate investment market?
For investors evaluating Southaven, the price-to-rent ratio of 15.0x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 13.0% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Southaven's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Southaven's median home price.
Frequently asked questions
What is the average home price in Southaven?
The median home sale price in Southaven is $278,550, down 13.0% from last year.
How long do homes stay on market in Southaven?
Homes typically spend 42 days on market before going under contract.
What is the median income in Southaven?
The median household income is $76,159 per year.
Is Southaven a buyer's or seller's market?
With 3.2 months of supply, Southaven is currently a balanced market.
What is the Zillow home value estimate for Southaven?
The Zillow Home Value Index (ZHVI) for Southaven is $276,561, representing the typical home value in the area.
What is the median condo price in Southaven?
The median condo/co-op sale price in Southaven, MS is $239,000, compared to $278,550 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Southaven?
The median single-family home price in Southaven, MS is $278,550 (about $149 per square foot).
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