Market Intelligence Report — MS-100

Picayune, MS

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

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

Median Listing

$300K
+0.3% YoY

Pending Ratio

0.34
-9.5% YoY

Active Inventory

250
+11.1% YoY

Median DOM

64 Days
-19.6% YoY

Primary Intelligence Tool — Sold Score™

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Picayune, MS, is experiencing a Cooling market condition, characterized by a pending ratio of 0.34, indicating absorption is lagging supply. Active listings have grown by 11.1% year-over-year, contributing to increased inventory pressure.

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 Picayune market right now.

The market is exhibiting a notable deceleration in demand absorption, with the pending ratio declining by 9.5% over the past year to its current 0.34. Active listings have expanded by 11.1% year-over-year, even as new listings contracted by 23.3% in the same period. Median days on market have decreased by 19.6% year-over-year, while the median listing price has seen a modest year-over-year increase of 0.3%.

Historical Analysis

Market Trends

Median Price

$300K-3.5% MoM

Active Inventory

250+11.1% YoY

Days on Market

64-19.6% YoY

Sold Score™

54-9.5% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

54
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

The current market dynamics suggest a deceleration in the pace of transactions. With a pending ratio of 0.34 and a year-over-year increase in active listings, there is increased inventory on the market, potentially affording purchasers more selection and time to evaluate properties. This environment may necessitate greater price discipline from sellers to achieve successful transactions.

Luxury Segment

The average listing price has declined by 0.4% year-over-year, while the median listing price shows a slight increase of 0.3% over the same period. The median $/sqft increased by 3.0% year-over-year, with the average listing price still elevated relative to the median. No distinct luxury-segment signal in this dataset.

Supply Dynamics

250 active listings represent the current floor, with new supply arriving at roughly 46 per month.

Pricing Pressure
21.5%

of active listings carry a price reduction, -0.4% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +3.0% year-over-year.

Absorption
0.34

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Picayune, MS? Homes here are taking 16 days less to sell than last year.

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

Buyer Demand Index
34%
Median Days on Market
64 days
Inventory YoY
+11%

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

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Metro Demographics

Metro Area
Picayune, MS
CBSA Code
38100
State
MS
Analysis FAQ
  • What is the current market condition in Picayune?+

    As of the latest 2026 data, the Picayune metro is classified as Cooling. Pending ratio is 0.34 with median days on market at 64.

  • Are home prices dropping in Picayune?+

    Median listing price is $300K, +0.3% year over year. 21.5% of active listings carry a price reduction.

  • How fast are homes selling in Picayune?+

    The typical listing sits 64 days on market, a -19.6% change YoY. New listings are arriving at 46 per month.

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

    The average listing price has declined by 0.4% year-over-year, while the median listing price shows a slight increase of 0.3% over the same period. The median $/sqft increased by 3.0% year-over-year, with the average listing price still elevated relative to the median. No distinct luxury-segment signal in this dataset.

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

    Primpted maintains a vetted registry of Picayune 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 38100 · 36mo history