Is Laurel, MS 39440 a buyer’s or seller’s market?
Laurel is a seller’s market. With about 3.3 months of supply and 0% 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 12% of U.S. ZIP codes, and #62 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 Laurel housing market right now
In the three months ending August 31, 2026, 0% of homes in Laurel, MS 39440 sold above their list price, the typical home went under contract in 52 days and there were 3.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 45 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (75 days then) and the median sale price held steady to $188,918. Overall, Laurel is more competitive than a year ago, so tougher for buyers.
Within Jones County, homes here sell faster than in 60% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Laurel ranks #62 of 89 MS ZIP codes with enough sales (score 18 out of 100).
Run the numbers for 39440
Nearby markets
Ellisville 39437Seller’s market $143 /sq ftLaurel 39443Seller’s market $133 /sq ftMoselle 39459Balanced $116 /sq ftOvett 39464Balanced $115 /sq ft Browse all markets →Towns like Laurel nearby
Find towns like Laurel in other states →Where Laurel is
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Questions about Laurel real estate
Is Laurel a buyer’s or seller’s market?
A seller’s market: there were 3.3 months of supply in Laurel, MS 39440 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 Laurel?
The typical home went under contract in 52 days in the latest three months.
Do homes in Laurel sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.8% of the list price.
What are property taxes in Laurel?
About 0.74% of a home’s value a year in Jones County, or roughly $2,960 on a $400,000 home.
What is the median home price in Laurel?
The median sale price was $188,918 in the three months ending August 31, 2026, about $111 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