Is Hattiesburg, MS 39402 a buyer’s or seller’s market?
Hattiesburg is a seller’s market. With about 2.9 months of supply and 1% 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 21% of U.S. ZIP codes, and #48 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 Hattiesburg housing market right now
In the three months ending August 31, 2026, 1% of homes in Hattiesburg, MS 39402 sold above their list price, the typical home went under contract in 43 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 186 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (1% then), homes sold more slowly (27 days then) and the median sale price rose 3% to $292,324. Overall, Hattiesburg is less competitive than a year ago, which gives buyers more room.
On our competition score, Hattiesburg ranks #48 of 89 MS ZIP codes with enough sales (score 26 out of 100).
Nearby, Lumberton 39455 (7% sold over asking) is even more competitive.
Run the numbers for 39402
Nearby markets
Lumberton 39455Buyer’s market $168 /sq ftPurvis 39475Seller’s market $155 /sq ftSumrall 39482Seller’s market $176 /sq ft Browse all markets →Towns like Hattiesburg nearby
Find towns like Hattiesburg in other states →Where Hattiesburg is
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Questions about Hattiesburg real estate
Is Hattiesburg a buyer’s or seller’s market?
A seller’s market: there were 2.9 months of supply in Hattiesburg, MS 39402 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 Hattiesburg?
The typical home went under contract in 43 days in the latest three months.
Do homes in Hattiesburg sell over asking?
1% of homes sold above their original list price, and the typical sale closed at 96.4% of the list price.
What are property taxes in Hattiesburg?
About 0.66% of a home’s value a year in Lamar County, or roughly $2,640 on a $400,000 home.
What is the median home price in Hattiesburg?
The median sale price was $292,324 in the three months ending August 31, 2026, about $153 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