Is Waveland, MS 39576 a buyer’s or seller’s market?

The Waveland housing market right now

In the three months ending August 31, 2026, 7% of homes in Waveland, MS 39576 sold above their list price, the typical home went under contract in 70 days and there were 5.7 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 29 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (64 days then) and the median sale price rose 32% to $346,850. Overall, Waveland is more competitive than a year ago, so tougher for buyers.

Within Hancock County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Waveland ranks #74 of 89 MS ZIP codes with enough sales (score 14 out of 100).

Nearby, buyers who want less competition could look at Pearlington 39572 (0% sold over asking) or Kiln 39556 (0% sold over asking), while Bay Saint Louis 39520 (10% sold over asking) is even more competitive.