Is Picayune, MS 39466 a buyer’s or seller’s market?
Picayune is a buyer’s market. With about 8.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 10% of U.S. ZIP codes, and #66 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 Picayune housing market right now
In the three months ending August 31, 2026, 10% of homes in Picayune, MS 39466 sold above their list price, the typical home went under contract in 78 days and there were 8.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 40 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 3%, homes sold about as fast and the median sale price fell 10% to $226,047. Overall, Picayune is more competitive than a year ago, so tougher for buyers.
On our competition score, Picayune ranks #66 of 89 MS ZIP codes with enough sales (score 16 out of 100).
Nearby, buyers who want less competition could look at Poplarville 39470 (0% sold over asking).
Run the numbers for 39466
Nearby markets
Carriere 39426Buyer’s market $156 /sq ftPoplarville 39470Buyer’s market $156 /sq ft Browse all markets →Towns like Picayune nearby
Find towns like Picayune in other states →Where Picayune is
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Questions about Picayune real estate
Is Picayune a buyer’s or seller’s market?
A buyer’s market: there were 8.2 months of supply in Picayune, MS 39466 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 Picayune?
The typical home went under contract in 78 days in the latest three months.
Do homes in Picayune sell over asking?
10% of homes sold above their original list price, and the typical sale closed at 97.5% of the list price.
What are property taxes in Picayune?
About 0.65% of a home’s value a year in Pearl River County, or roughly $2,600 on a $400,000 home.
What is the median home price in Picayune?
The median sale price was $226,047 in the three months ending August 31, 2026, about $139 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