
"The Mississippi housing market continues to show one of the slowest absorption rates in the nation, with homes sitting on the market well above the U.S. median. The state now ties with Louisiana, Hawaii and Florida for the longest days on market (DOM), underscoring a widening gap between local conditions and the national trend. HW Data shows Mississippi's median DOM for single-family homes at 91 days, compared with a national median of 70 days."
"Mississippi's position alongside Louisiana, Hawaii and Florida at 91 DOM highlights how regional markets can diverge sharply from national benchmarks. By contrast, Texas and Alabama report 77-day medians, while Arizona, Tennessee, Oklahoma and Oregon align with the U.S. 70-day average. While Mississippi has historically posted longer timelines, the 2025 data shows the divide widening. Homes now take three weeks longer to sell than the U.S. median, pointing to extended absorption periods and shifting leverage toward buyers."
Mississippi's median days on market (DOM) for single-family homes is 91 days, compared with a national median of 70 days. On a 90-day horizon the state posts a 70-day median versus the national 56-day figure, indicating consistent short- and long-term slowing. Mississippi ties Louisiana, Hawaii and Florida for the longest DOM, while Texas and Alabama report 77 days and several states align with the U.S. 70-day average. Homes now take about three weeks longer to sell than the U.S. median, extending absorption periods and shifting leverage toward buyers. Extended DOM can slow inventory turnover, pressure sellers on pricing, and serve as an early indicator of potential inventory accumulation heading into winter.
Read at www.housingwire.com
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