Picayune, MS Housing Market
AI-powered market intelligence for the Picayune, MS metro area.
PropertyIQ Scores
Picayune, MS Market Analysis
Market Overview
Picayune’s housing market is exceptionally strong by the PropertyIQ Score, at 99 out of 100. That score is driven by home value momentum of 10.84% over 12 months and 10.20% over 3 months, a median days-on-market of 61 days, and a relatively low share of listings with a price cut at 21.4%. These indicators point to a market where demand has been firm and sellers are not aggressively discounting. The median home value of $214,849 is about 8.7% above the state average of $197,606, while the rent index of $1,210 is 26.8% above the state average of $954. That rental premium stands out as a key local strength.
Picayune’s unemployment rate is 3.6%, matching the state average, and median household income is $58,135, slightly above the state average of $56,447. The income advantage is modest, but combined with strong price momentum it suggests a local economy stable enough to support housing demand. Homes for sale total 232, providing some inventory, but the 61-day median days on market and 21.4% price-cut share indicate that well-priced listings move without widespread discounting. Population growth is not available in the supplied data, so demographic expansion cannot be measured directly. The listed year-over-year home value dollar figure of $7 is unclear and appears inconsistent with the 10.84% momentum metric, so this analysis relies on the percentage momentum and median value as the more reliable signals.
Key Trends
The first major trend is strong home value momentum. The 12-month momentum of 10.84% and the 3-month momentum of 10.20% show that Picayune home values have been rising at a robust pace. The median home value of $214,849 is well above the state average of $197,606, reinforcing that this is not a discount market relative to Mississippi as a whole. The short-term momentum being nearly as strong as the 12-month figure suggests price gains have not slowed sharply.
A second trend is
AI-generated analysis based on current market data. Last updated October 1, 2026.
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Picayune, MS Housing Market Overview
Whether you're considering buying a home, investing in rental property, or weighing entry timing in the Picayune, MS area, the PropertyIQ Score gives you a single, data-first read on relative market strength. It is validated against actual market outcomes from 2001 to 2023, with a positive score-to-return relationship in every validated year across MS and every other US state.
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.
For the Picayune, MS market, PropertyIQ calculates a single score each month from four inputs: twelve-month Zillow home-value momentum, three-month Zillow home-value momentum, median days on market from Realtor.com, and the Realtor.com price-reduced share. The score is computed nationally across all metros and calibrated so 50 equals the state average. Across the validation history, metro markets in the top score band have outperformed their state by roughly 1.7 percentage points more per year than bottom-band markets.
View Picayune, MS's complete market profile including historical price trends, score history, and AI-generated analysis. Compare this market against any other US metro to find the best opportunities for your investment strategy.
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Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.