Is Brandon, MS 39042 a buyer’s or seller’s market?
Brandon is a seller’s market. With about 2.7 months of supply and 13% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 50% of U.S. ZIP codes, and #6 of 89 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Brandon housing market right now
In the three months ending August 31, 2026, 13% of homes in Brandon, MS 39042 sold above their list price, the typical home went under contract in 27 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 152 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 10%, homes sold more slowly (20 days then) and the median sale price rose 5% to $293,623. Overall, Brandon is about as competitive as it was a year ago.
Within Rankin County, homes here sell faster than in 83% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Brandon ranks #6 of 89 MS ZIP codes with enough sales (score 49 out of 100).
Nearby, buyers who want less competition could look at Pelahatchie 39145 (0% sold over asking) or Florence 39073 (5% sold over asking).
Run the numbers for 39042
Nearby markets
Brandon 39047Seller’s market $172 /sq ftFlorence 39073Seller’s market $157 /sq ftFlowood 39232Seller’s market $187 /sq ftPearl 39208Seller’s market $161 /sq ft Browse all markets →Towns like Brandon nearby
Find towns like Brandon in other states →Where Brandon is
Loading map…
Questions about Brandon real estate
Is Brandon a buyer’s or seller’s market?
A seller’s market: there were 2.7 months of supply in Brandon, MS 39042 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Brandon?
The typical home went under contract in 27 days in the latest three months.
Do homes in Brandon sell over asking?
13% of homes sold above their original list price, and the typical sale closed at 98.6% of the list price.
What are property taxes in Brandon?
About 0.60% of a home’s value a year in Rankin County, or roughly $2,400 on a $400,000 home.
What is the median home price in Brandon?
The median sale price was $293,623 in the three months ending August 31, 2026, about $166 per square foot.
Local agents
See all agents in 39042 →No sponsored agents in 39042 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 39042
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology