The Mississippi housing market, by the numbers.
Median sale price, days on market, and what a traditional sale really costs a Mississippi seller — every figure on this page comes from the source cited next to it.
- Median sale price: $284,000
- Median days on market: 47
- Typical selling costs: ~6.66% of the price
- Foreclosure timeline: 2 to 3 months
Planning a Mississippi sale?
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The headline numbers.
Each figure comes from the source cited under it. Medians describe the middle of the Mississippi market, not any specific house.
| Mississippi metric | Value | Source |
|---|---|---|
| Median sale price | $284,000 | Redfin state market tracker, May 2026 |
| Median days on market | 47 days | Redfin state market tracker, May 2026 |
| Average agent commission | 5.66% (≈ $16,074) | Clever Feb 2026 survey (state avg) |
| Seller closing costs | 1% (≈ $2,840) | Redfin national 1-3% excl. commission, low end (transfer tax shown separately), May 2026 |
| Seller transfer tax | None | PropertyShark, Dec 2025 (no state transfer tax) |
Data updated: September 2026
Selling the traditional way in Mississippi: the math.
The same arithmetic an agent would run at your kitchen table, worked on the Mississippi median sale price.
How to read this: on the $284,000 median sale, the traditional route leaves roughly $265,086 before loan payoff, repairs, and the holding costs (effective property tax ~0.81%/yr per the Tax Foundation, plus insurance and utilities) that stack up while you wait about 47 days on market. These are estimates worked on the Mississippi median; your actual costs vary by county, property, and buyer.
The cost of waiting: Mississippi's effective property-tax rate runs about 0.81% a year (Tax Foundation). Worked on the $284,000 median home, that's roughly $2,300 a year in property tax — call it $296 accrued across the 47-day (about 7-week) median wait for a traditional sale, before insurance and utilities, and on top of the selling costs above. The longer a Mississippi listing sits past the median, the bigger that carrying cost grows.
The Mississippi foreclosure clock.
Mississippi uses a non-judicial foreclosure process, and a typical case runs 2 to 3 months — that window is how much real time an owner has to catch up, refinance, or sell.
How long it really takes: ESTIMATE (per Nolo/AllLaw): federal rules bar starting foreclosure until 120+ days delinquent; the Mississippi nonjudicial process itself then takes as little as ~1 month (3 weeks' publication + posting, then sale), so a sale commonly occurs about 5-6 months after the first missed payment. Foreclosures move fast in Mississippi — no court action is required.
Primary statute: Miss. Code §89-1-55. This is general information, not legal advice — confirm the specifics with a local attorney.
If you need to sell fast.
The numbers above describe the traditional route in Mississippi: roughly 6.66% of the price in selling costs and about 47 days of waiting before a financed buyer even closes. When time is the real problem — a foreclosure date, back taxes, a move that can't wait — some owners trade part of the headline price for speed and certainty by selling as-is to a cash buyer.
Your cash option: You can request offers on Mississippi houses sold as-is — no repairs, no commissions, no fees to you. Requesting offers is free, and you decide what happens next.
See what the Mississippi numbers mean for your house.
Compare the traditional math above with a fast as-is sale — free tools, sourced data, and a timeline you control.
Selling fast in Mississippi →