Hattiesburg housing market

Neutral marketHattiesburg, MS metro areaData through Sep 2026
Typical home value
$214K
▲ 4.2% 1 yr
Typical rent
$1,303/mo
▲ 3.2% 1 yr
12-month forecast
+0.9%
#409 of 546 metros
Gross rent yield
7.3%
#91 of 546 · U.S. 6.3%
Days to pending
75 days
▲ +19 days 1 yr
Listings with a price cut
26%
▲ +0.5 pts 1 yr

Key takeaways

  • 1The typical home is worth $213,737, up 4.2% in a year and up 19% over five years.
  • 2Zillow forecasts home values rising 0.9% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,303/mo (+3.2% YoY), a 7.3% gross yield, above the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,175/mo in principal and interest, $128 less than renting.
  • 5Homes go under contract in 75 days (+19 days vs last year); 26% of listings have had a price cut.
Market temperature
Neutral market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 53/100, #101 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $214K
$145K$167K$188K$209K2016201920222025
Typical monthly rent
Latest $1,303
$1,054$1,132$1,209$1,28720222023202420252026

How fast homes are selling

Days to go under contract
Latest 75
2446699120182020202220242026
Share of listings with a price cut
Latest 26.0%
10.6%15.6%20.7%25.7%20182020202220242026
Homes for sale vs new listings
Latest 646
For saleNew listings
14834854774720182020202220242026
Share of homes sold above list price
Latest 13.8%
7.4%16.8%26.3%35.7%20182020202220242026

Affordability

Household income needed to buy vs rent
Latest $61K
To buy (20% down)To rent
$34K$42K$50K$59K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Hattiesburg compares

MeasureHattiesburgUnited StatesRank of 546
Home value, 1-yr change+4.2%+1.2%#111
Home value, 5-yr change+19.3%+19.7%
12-month forecast+0.9%+1.1%#409
Rent, 1-yr change+3.2%+2.7%#275
Gross rent yield7.3%6.3%#91
Price-to-rent ratio13.715.8
Mortgage P&I on typical home$1,175$2,012
Income needed to buy$60,546$100,902
Days to pending7556

Cities in the Hattiesburg metro

1 cities with home value and rent data.

Hattiesburg$218K▲ 2.7%$1,315▲ 3.3%7.2%

Run the numbers

Other Mississippi metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.