Market Intelligence Report — MS-860

Laurel, MS

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

Ref. No: 2026-MS-09
As of the latest 2026 data
Cooling

Median Listing

$243K
+5.2% YoY

Pending Ratio

0.37
+7.1% YoY

Active Inventory

171
+0.6% YoY

Median DOM

78 Days
+29.0% YoY

Primary Intelligence Tool — Sold Score™

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The Laurel, MS housing market is currently in a Cooling phase. The pending ratio stands at 0.37, indicating that demand absorption is moderate relative to supply, consistent with a decelerating market. While median listing prices show a 5.2% increase year-over-year, they registered a 2.7% month-over-month decline, reflecting some recent price adjustments.

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 Laurel market right now.

Inventory dynamics show a mixed trend; active listings have remained largely stable with a 0.6% year-over-year increase, while new listings saw a significant 29.2% increase over the past year. Concurrently, the median days on market extended by 29.0% year-over-year, reaching 78 days, suggesting a slower absorption pace. The share of price-reduced listings has also risen by 7.4% year-over-year, to 22.6%, further pointing to a market experiencing less robust demand. The pending ratio, at 0.37, while showing a 7.1% increase year-over-year from a low base, still signifies a market where supply generally outpaces demand.

Historical Analysis

Market Trends

Median Price

$243K-2.7% MoM

Active Inventory

171+0.6% YoY

Days on Market

78+29.0% YoY

Sold Score™

47+7.1% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

47
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 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

In this environment, buyers are observing a slower pace of transactions, which could afford more time for property evaluation. The rising days on market and increased share of price reductions suggest that sellers may need to exercise greater price discipline to attract offers. With inventory showing signs of growth, the pressure for rapid decisions is reduced, potentially shifting negotiating leverage.

Luxury Segment

While the median listing price experienced a recent decline, the average listing price shows a year-over-year decrease of 3.6%. The spread between the average listing price ($287,628) and the median listing price ($243,256) remains notable, but without further granular data on top-tier pricing or $/sqft trends within the luxury segment, a distinct luxury-segment signal is not apparent in this dataset.

Supply Dynamics

171 active listings represent the current floor, with new supply arriving at roughly 62 per month.

Pricing Pressure
22.6%

of active listings carry a price reduction, +7.4% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +4.3% year-over-year.

Absorption
0.37

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Laurel, MS? Homes here are taking 18 days longer to sell than last year.

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

Buyer Demand Index
37%
Median Days on Market
78 days
Inventory YoY
+1%

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

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Metro Demographics

Metro Area
Laurel, MS
CBSA Code
29860
State
MS
Analysis FAQ
  • What is the current market condition in Laurel?+

    As of the latest 2026 data, the Laurel metro is classified as Cooling. Pending ratio is 0.37 with median days on market at 78.

  • Are home prices dropping in Laurel?+

    Median listing price is $243K, +5.2% year over year. 22.6% of active listings carry a price reduction.

  • How fast are homes selling in Laurel?+

    The typical listing sits 78 days on market, a +29.0% change YoY. New listings are arriving at 62 per month.

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

    While the median listing price experienced a recent decline, the average listing price shows a year-over-year decrease of 3.6%. The spread between the average listing price ($287,628) and the median listing price ($243,256) remains notable, but without further granular data on top-tier pricing or $/sqft trends within the luxury segment, a distinct luxury-segment signal is not apparent in this dataset.

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

    Primpted maintains a vetted registry of Laurel 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 29860 · 36mo history