Market Intelligence Report — MS-060

Columbus, MS

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MS-08
As of the latest 2026 data
Very Weak

Median Listing

$275K
+41.1% YoY

Pending Ratio

0.10
+1.4% YoY

Active Inventory

201
-25.3% YoY

Median DOM

68 Days
-8.1% YoY

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The Columbus market is characterized by very weak demand absorption, with a pending ratio of 0.10. This low demand is occurring despite a significant contraction in active listings, which are down 25.3% year-over-year. Median listing prices have experienced a substantial 41.1% increase over the past year, but a monthly decline of 5.0%.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Columbus market right now.

Active listings have decreased considerably by 25.3% over the past year, alongside an 11.8% year-over-year reduction in new listings, indicating a notable contraction in available supply. Despite this reduction in inventory, the pending ratio remains low at 0.10, suggesting demand is not keeping pace with even reduced supply. Median listing prices have shown strong annual appreciation, rising 41.1% year-over-year, yet experienced a 5.0% decline in the most recent month. The share of price-reduced listings has also increased by 11.1% over the past year, potentially reflecting a mismatch between pricing expectations and market absorption.

Historical Analysis

Market Trends

Median Price

$275K-5.0% MoM

Active Inventory

201-25.3% YoY

Days on Market

68-8.1% YoY

Sold Score™

29+1.4% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

29
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.10, the market demonstrates significant inventory pressure on sellers, indicating a protracted pace for property absorption. The high share of price reductions and a monthly decline in median listing prices suggest that sellers may need to exercise considerable price discipline to facilitate transactions. The current dynamics favor buyers in terms of selection and negotiating flexibility, given the prevailing demand absorption rates.

Luxury Segment

The average listing price, at $342,942, is notably higher than the median listing price of $275,000, indicating an elevated spread between price tiers. Despite this, the median price per square foot remains modest at $129, and there is no clear signal of distinct luxury-segment weakness beyond the general market trends in this dataset.

Supply Dynamics

201 active listings represent the current floor, with new supply arriving at roughly 60 per month.

Pricing Pressure
25.5%

of active listings carry a price reduction, +11.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +3.4% year-over-year.

Absorption
0.10

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Columbus, MS? Homes here are taking 6 days less to sell than last year.

Buyers have leverage in Columbus, MS. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
10%
Median Days on Market
68 days
Inventory YoY
−25%

In a buyer's market, strategy beats timing. See how your home scores in Columbus, MS and what moves the number.

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Metro Demographics

Metro Area
Columbus, MS
CBSA Code
18060
State
MS

ZIPs in Columbus, MS

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Columbus?+

    As of the latest 2026 data, the Columbus metro is classified as Very Weak. Pending ratio is 0.10 with median days on market at 68.

  • Are home prices dropping in Columbus?+

    Median listing price is $275K, +41.1% year over year. 25.5% of active listings carry a price reduction.

  • How fast are homes selling in Columbus?+

    The typical listing sits 68 days on market, a -8.1% change YoY. New listings are arriving at 60 per month.

  • What's happening in the Columbus luxury market?+

    The average listing price, at $342,942, is notably higher than the median listing price of $275,000, indicating an elevated spread between price tiers. Despite this, the median price per square foot remains modest at $129, and there is no clear signal of distinct luxury-segment weakness beyond the general market trends in this dataset.

  • Where can I find a trusted Columbus real estate expert?+

    Primpted maintains a vetted registry of Columbus agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 18060 · 36mo history