Hattiesburg, MS Housing Market
AI-powered market intelligence for the Hattiesburg, MS metro area.
PropertyIQ Scores
Hattiesburg, MS Market Analysis
Market Overview
Hattiesburg’s housing market presents a mixed profile. Its PropertyIQ Score of 37 out of 100 sits below the midpoint, indicating relatively soft conditions compared with the broader scoring framework. The score’s top drivers include 12-month home value momentum of 4.92%, 3-month home value momentum of 0.32%, a median days-on-market figure of 72 days, and a 21.9% share of listings with a price cut. These inputs suggest a market where earlier price gains have cooled and where homes are taking longer to sell.
Despite the modest score, several local fundamentals exceed state averages. The median home value in Hattiesburg is $217,458, above Mississippi’s $197,606. The rent index is $1,311, well above the state average of $954, and median household income is $60,285, compared with $56,447 statewide. The unemployment rate is 3.5%, slightly below the state’s 3.6%. These figures show an area with stronger income and rental-cost levels than the state as a whole, but the market’s momentum and speed metrics point to caution.
Inventory also shapes the picture. There are 488 homes for sale, and the median days on market is 72. Combined with the 21.9% share of listings that have had a price cut, this indicates that buyers may have more room to negotiate than in a fast-moving market. Population growth data is not available, so one key demand indicator cannot be evaluated here.
Key Trends
One clear trend is cooling price momentum. The 12-month home value momentum of 4.92% shows some prior appreciation, but the 3-month momentum of 0.32% indicates a sharp slowdown. The home value year-over-year figure is listed as $-3, which points to essentially flat annual movement in dollar terms. Together, these numbers suggest that price growth has stalled in recent months.
A second trend is a slower selling environment. The median days on market is 72 days, and 21.9% of listings have a price cut. These metrics often signal that sellers are adjusting expectations and that buyers are taking more time. This is consistent with the overall PropertyIQ Score of 37/100, which reflects the weight of these market-speed indicators.
A third trend is the gap between local housing costs and state benchmarks. The median home value of $217,458 is about 10% above the state average of $197,606, while the rent index of $1,311 is roughly 37% above the state average of $954. Median household income is also higher locally at $60,285 versus $56,447 statewide, but the rent gap is notably wider than the income gap.
A fourth trend is a stable employment backdrop. The unemployment rate of 3.5% is slightly below the state average of 3.6%. This supports local housing demand from employed households, although it has not been enough to push the market’s score into stronger territory given the cooling price and days-on-market signals.
Who Is This Market For
This market may suit buyers and investors who are not relying on rapid appreciation. The cooling price momentum and 72-day median days on market mean that owner-occupants can take time to evaluate properties and negotiate, especially since 21.9% of listings have already had a price cut. First-time buyers with stable local incomes may find opportunities, although the median home value of $217,458 is above the state average and requires stronger income.
Investors may be drawn by the rent index of $1,311, which is well above the state average of $954 and suggests a meaningful rental market relative to Mississippi. However, with a PropertyIQ Score of 37/100 and a home value year-over-year figure of $-3, investors should not expect near-term price gains as the main return driver. Buy-and-hold investors who prioritize rental cash flow over appreciation may be better aligned with this market than short-term flippers.
Move-up buyers may also find options, supported by a median household income of $60,285 and an unemployment rate of 3.5%. The 488 homes for sale offers some selection, but the lack of population growth data makes it difficult to know whether buyer demand is expanding.
Outlook
The data suggests a market that is likely to remain measured in the near term. The 12-month home value momentum of 4.92% shows that there was prior strength, but the 3-month momentum of 0.32% and the year-over-year home value figure of $-3 point to flattening prices. With a median days on market of 72 days and 21.9% of listings reporting price cuts, sellers may need to stay flexible on pricing and timeline. At the same time, the 3.5% unemployment rate and median household income of $60,285 provide some local economic support. The missing population growth data limits any firm read on future demand, so the most grounded expectation is for continued slow-to-flat price movement and a buyer-favorable negotiation environment until the momentum or speed metrics shift.
AI-generated analysis based on current market data. Last updated October 2, 2026.
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Hattiesburg, MS market data
Hattiesburg, MS Housing Market Overview
Hattiesburg, MS's median home value is $217K, up 4.9% over the past year. Homes here sell in a median 72 days. Its PropertyIQ Score of 37 sits below the state average of 50, marking a market positioned to lag its state over the next three years.
The Hattiesburg, MS metro area is one of 900+ US metropolitan markets that PropertyIQ scores each month. A single PropertyIQ Score blends Zillow price momentum with Realtor.com market-flow signals to estimate 3-year excess appreciation versus the market's state — showing not just where prices stand today, but how the market is positioned relative to its peers.
Southeastern markets benefit from manufacturing investment, logistics infrastructure, and relative affordability compared to national averages. The region's population growth — driven by both domestic migration and natural increase — supports sustained housing demand across metro and suburban areas. Within the Southeast, Hattiesburg, MS's PropertyIQ Score of 37 runs below the Southeast norm.
The PropertyIQ Score for the Hattiesburg, MS market is built from four inputs: Zillow home-value momentum over twelve months, Zillow home-value momentum over three months, the median days listings spend on the market (Realtor.com), and the share of listings with a price cut (Realtor.com). The score runs on a 1 to 99 scale computed across all metro markets nationally and calibrated so 50 equals the state average — a score above 50 means this market is positioned to outperform its state, and a score below 50 means it is set to lag. Momentum here has been positive, with home values up 4.9% over the past year.
Explore the interactive map to see how Hattiesburg, MS compares to neighboring metros, or view the full market dashboard for detailed analytics including time-series trends, score breakdowns, and AI-generated market reports.
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Market data through August 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.
Frequently Asked Questions
Is Hattiesburg, MS a good place to buy real estate in 2026?
PropertyIQ doesn't label markets simply good or bad. Instead, the PropertyIQ Score measures a market's demand momentum against its own state, where 50 marks the state average. Hattiesburg, MS currently scores 37, a weak-momentum reading that leaves it positioned to lag its state over the next three years. For buyers, cooling demand usually brings more inventory, longer sale times, and real leverage to negotiate on price. Backing that up, the median home value here is $217K, up 4.9% over the past year. So whether Hattiesburg, MS is right for you comes down to your goals: a rising-momentum market can favor long-term appreciation but offers less room to negotiate, while a cooling one hands buyers more leverage. Treat the score as a timing signal to weigh alongside your budget, holding period, and plans for the property, not a verdict on the market's quality.
What is the PropertyIQ Score for Hattiesburg, MS?
Hattiesburg, MS's PropertyIQ Score is 37, indicating weak momentum on a 1-to-99 scale. The score distills four transparent inputs into a single number: Zillow home-value momentum over the past 12 months, Zillow home-value momentum over the past 3 months, the median days homes spend on the market from Realtor.com, and the share of listings with a price cut, also from Realtor.com. Rising values and faster sales push the score up, while slow sales and frequent price cuts pull it down. The scale is calibrated so 50 equals the state average, meaning a score above 50 predicts the market will outperform its state over the next three years and a score below 50 predicts underperformance. PropertyIQ computes the score across every US market nationally, then recenters it against each state, so 37 places Hattiesburg, MS below its state benchmark.
Are home prices in Hattiesburg, MS rising or falling?
Home prices in Hattiesburg, MS are rising. Over the past year, the median home value increased 4.9%, reaching $217K. Over the latest three months, values moved up 0.3%, a sign near-term demand remains firm. PropertyIQ derives these figures from Zillow's home-value index, which tracks the typical value across the market rather than only the homes that happened to sell, giving a steadier read than a raw median sale price. Both the 12-month and 3-month momentum readings feed directly into the PropertyIQ Score, so this price trend is one of the core signals behind Hattiesburg, MS's current score. Keep in mind that appreciation can vary widely by neighborhood and price tier across the metro area, so treat these figures as the market-wide baseline rather than a guarantee for any single property.
How quickly do homes sell in Hattiesburg, MS?
In Hattiesburg, MS, homes sell in a median of 72 days from listing to pending sale, based on Realtor.com market data. Median days on market is one of the clearest real-time reads on local demand: when homes move quickly, buyers are competing and sellers hold the advantage, while lengthening timelines signal cooling interest and more room to negotiate. Alongside sale speed, about 22% of active listings here have taken at least one price cut — a complementary demand gauge, since a rising share of reductions often precedes slower sales and softer prices. Both median days on market and the price-cut share feed directly into the PropertyIQ Score, where faster sales and fewer cuts push the score higher. As a general guide, medians under about 30 days indicate a brisk, competitive market, while medians well beyond 60 days point to buyers regaining leverage. Actual time on market still varies by price band, property type, and season, so treat the median as a market-wide baseline.
How current is this metro area data?
This Hattiesburg, MS market data is refreshed on a monthly cycle, with the latest figures current through August 2026. PropertyIQ ingests fresh data every month from a range of authoritative sources: home values and rents from Zillow, days on market and price-cut activity from Realtor.com, additional housing signals from Redfin, demographic and housing-stock data from the U.S. Census Bureau, mortgage and macroeconomic series from FRED, and employment figures from the Bureau of Labor Statistics and the Bureau of Economic Analysis. The PropertyIQ Score itself is recomputed every month once the new source data lands, so the score and its four underlying inputs always reflect the most recent complete reporting period rather than a static snapshot. Because official housing data is typically released with a short lag, the current-through date usually trails the present by a few weeks, which is normal across the industry and not a sign the data is out of date.