Is Meridian, MS 39307 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-list86.2%Sold price ÷ list price
Median days on market19Listing to accepted offer
Median price per sq ft$34▼ −24.5% vs. last year

The Meridian housing market right now

In the three months ending August 31, 2026, 0% of homes in Meridian, MS 39307 sold above their list price and the typical home went under contract in 19 days. 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 faster (90 days then) and the median sale price fell 51% to $42,981. Overall, Meridian is more competitive than a year ago, so tougher for buyers.

Nearby markets

Bailey 39320 — /sq ftCollinsville 39325 — /sq ftLauderdale 39335 — /sq ftMarion 39342 — /sq ft Browse all markets →

Where Meridian is

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Questions about Meridian real estate

How fast do homes sell in Meridian?

The typical home went under contract in 19 days in the latest three months.

Do homes in Meridian sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 86.2% 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 $42,981 in the three months ending August 31, 2026, about $34 per square foot.

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