Housing in Southaven, MS

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$292,500

Median List Price

$289,699

Price Per Sq Ft

$156

Days on Market

52

Active Inventory

153

Months of Supply

3.3

Seller's market

Zillow Home Value

$269,808

ZHVI — January 2026

Zillow Rent Index

$1,686

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 1.5%List Price 4.7%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

15.2%

Off Market in 2 Weeks

31.9%

Sale-to-List Ratio

97.7%

Buyer's market

Sold Above Asking
15.2%
Under Contract in 2 Wks
31.9%
Listings with Price Drops
19.6%

Market Activity

Source: Redfin

Homes Sold

46

New Listings

49

Pending Sales

47

Homes Sold 39.5%New Listings 57.0%Pending 52.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$156

Median List $/SF

$163

Sale $/SF 1.3%List $/SF 2.5%Mar 24Jan 26

Southaven vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 residents. Southaven is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$214,800

Median Rent

$1,361

Total Housing Units

22,473

Vacancy Rate

8.4%

Owner Occupied

71.6%

Renter Occupied

28.4%

Median Property Tax

$1,498

per year

Monthly Cost (w/ Mortgage)

$1,302

Housing Types

Single Family
82.1%
Multi-Family
14.9%
Mobile Home
2.9%

The current median sale price in Southaven, MS is $292,500 according to Redfin data. Homes spend a median of 52 days on the market. 15.2% of homes sold above asking price. The market has 3.3 months of supply. The median price per square foot is $156. Zillow's observed rent index is $1,686/month. About 71.6% of housing units are owner-occupied. The median year homes were built is 1997. There are 22,473 total housing units.