Is Meridian, MS 39305 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Meridian is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list100%Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft$22▼ −45.3% vs. last year

The Meridian housing market right now

In the three months ending August 31, 2026, 0% of homes in Meridian, MS 39305 sold above their list price. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (20 days then) and the median sale price fell 52% to $29,987. Overall, Meridian is less competitive than a year ago, which gives buyers more room.

About the area

Lauderdale County, MS

Population	21,638
Median income	$67,712
Average income	$88,975
Median home value	$172,400
Median rent	$1,155/month
Owner-occupied	68% of homes
Median year built	1978

Natural hazard riskTornadoes (very high), extreme heat (relatively high), hurricanes (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 39305; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 39305

Prefilled for 39305Can I win this house?Multiple-offer likelihood for a listing Prefilled for 39305Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bailey 39320 — /sq ft Collinsville 39325 — /sq ft Lauderdale 39335 — /sq ft Marion 39342 — /sq ft Browse all markets →

Towns like Meridian nearby

Find towns like Meridian in other states →

Bailey, MS39320 · 3 miles away56% similarsmaller · more homeowners Collinsville, MS39325 · 14 miles away56% similarsmaller · older residents Butler, AL36904 · 37 miles away56% similarcheaper homes ($29K less) · smaller Meridian, MS39301 · 6 miles away55% similarlower income ($26K less) · cheaper homes ($53K less)

Where Meridian is

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Questions about Meridian real estate

Do homes in Meridian sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in Meridian?

About 0.92% of a home’s value a year in Lauderdale County, or roughly $3,680 on a $400,000 home.

What is the median home price in Meridian?

The median sale price was $29,987 in the three months ending August 31, 2026, about $22 per square foot.

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More tools for 39305

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Lauderdale County property taxes Lauderdale County loan limits Closing costs in Mississippi Hottest ZIP codes in Mississippi

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology