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Featured local agent — Waveland, MS
Sarah Mitchell
Compass Real Estate · Waveland, MS
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Waveland, MS Housing Market & Real Estate
Housing market overview · Updated monthly ·
$216,000median sale price
How is the Waveland, MS housing market right now?
The median home sale price in Waveland, MS is $216,000, down 14.2% year-over-year. Homes sell in an average of 37 days with 55 active listings. The market is currently a buyer's 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 Waveland a buyer's or seller's market?
Waveland, MS is currently a buyer's market, based on 5.5 months of supply and homes selling in about 37 days. How we determine this →
Homes sold
10
Last 12 weeks
Days on market
37
Average pace
Active listings
55
5.5 months supply
Sale-to-list
94.8%
Below asking
What does the Waveland housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $216,000 |
| Median list price | $327,000 |
| Year-over-year price change | -14.2% |
| Average days on market | 37 days |
| Active inventory | 55 listings |
| Months of supply | 5.5 months |
| Sale-to-list price ratio | 94.8% |
| Median price per sq ft | $175/sq ft |
| Homes sold (latest month) | 10 |
| New listings (latest month) | 18 |
| Listings with a price cut | 32.7% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Waveland by property type?
How the Waveland, 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 | $216,000 | $175/sq ft | 10 | 37 days |
Source: Redfin · Updated monthly
The Waveland housing market is currently classified as a buyer's market with a median sale price of $216,000. Prices have fallen 14.2% compared to last year, with homes spending an average of 37 days on market, indicating 5.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.7x provides context for how home values compare to local earning capacity.
Homes for sale in Waveland
There are currently 55 homes listed for sale in Waveland, Mississippi. The median listing price is $327K.
Active listings
55
Homes on market
Median list price
$327K
Avg. days on market
37
Days until sale
New this week
18
Newly listed
Who lives in Waveland?
Population
7,066
Median income
$58,795/yr
Median age
41.6 years
Owner-occupied
61.8%
College grads
23.8%
Avg commute
32.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Waveland?
Zillow home value
$218,820
Price-to-income
3.7x
Source: Zillow Research
What is it like to live in Waveland?
Waveland is a community of approximately 7K residents with a median age of 41.6 years.The median household income is $58,795, which represents a working-class community with solid middle-income opportunities. 23.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 61.8%, showing a blend of owner and renter-occupied properties. The average commute time is 32.4 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Waveland offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Waveland?
1 schools tracked · 329 students
The largest public schools serving Waveland, 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.
WAVELAND ELEMENTARY SCHOOL
Grades PK-1 · 329 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 Waveland, MS?
Want a head-to-head view? Compare Waveland side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Waveland?
The median home sale price in Waveland is $216,000, down 14.2% from last year.
How long do homes stay on market in Waveland?
Homes typically spend 37 days on market before going under contract.
What is the median income in Waveland?
The median household income is $58,795 per year.
Is Waveland a buyer's or seller's market?
With 5.5 months of supply, Waveland is currently a buyer's market.
What is the Zillow home value estimate for Waveland?
The Zillow Home Value Index (ZHVI) for Waveland is $218,820, representing the typical home value in the area.
How much does a single-family home cost in Waveland?
The median single-family home price in Waveland, MS is $216,000 (about $175 per square foot).
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