Picayune Housing Market Report February 2025•Hancock County, Mississippi

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Housing Prices in Picayune, MS

How much do homes in Picayune, MS cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$243,450$141/SqFt
+$15,550
+6.8%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Picayune has increased by 6.8% since last year.

Summary: The median home list price in Picayune was $243,450 in February 2025, up 6.8% from the previous year, and the median price per square foot was $141.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Carriere
+29.0%
Picayune
+6.8%
Picayune
+5.7%
Kiln
0.0%
Bush
-19.4%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$79.9K$124K
+55.2%
2$109.9K$134.9K
+22.7%
3$220K$223.9K
+1.8%
4$269.9K$317K
+17.5%
5$339.9K$429.9K
+26.5%

Summary: Picayune housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +55.2%. The home price for 2 bedroom homes increased by +22.7%. The home price for 3 bedroom homes increased by +1.8%. The home price for 4 bedroom homes increased by +17.5%. The home price for 5 bedroom homes increased by +26.5%.

Housing supply in Picayune, MS

How many homes are available in Picayune, MS?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
63Last MonthFeb 2025
592 months agoJan 2025
+6.8 %
Change MoMJan – Feb

Summary: The Picayune real estate market had 63 homes for sale in Feb 2025, a 6.8 % increase compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
122
0.0%
265
-16.7%
33033
+10.0%
41414
0.0%
579
+28.6%

Summary: Picayune housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -16.7%. The inventory for 3 bedroom homes increased by +10.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +28.6%.

Asking Price vs. Sold Price

How much do homes in Picayune, MS cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price1 Home

Under Asking Price0 Home

Insight

If you're buying a home in Picayune, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Picayune in February 2025, up by 20.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.

Days on Market for Picayune, MS

How long does it take to sell a home in Picayune, MS?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in Picayune are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 6 homes were sold in Picayune; 17% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
103 DaysThis YearFeb 2025
180 Days1 year agoFeb 2024
-42.4 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Picayune had an average listing age of 103 days in Feb 2025, down by 42.4% compared to the previous year.

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Newest Listings in Picayune, MS

What homes are available in Picayune, MS?

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Nearby markets

Popular Cities with Homes for Sale in Mississippi

MLS Disclaimers and Copyright

Based on information from MLS United, and ROAM MLS for the period 03/01/2023 - 03/01/2025

Information is deemed to be reliable but not guaranteed. Copyright 2025, MLS United, LLC.
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Last updated on: 3/3/2025, 4:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 4:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.