Photo: Trevor Birchett · CC BY-SA 4.0718 homes sold in Southaven in the last year, at a typical $298K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Southaven homes are listed.
Every place Southaven homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Southaven.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 98% of Southaven’s sales, at a typical $298K
718 homes sold in the year to May 2026.
typical sale · 707 sold in 12 months
- Per square foot
- $158MS $142
- Days to sell
- 38
- Sold over asking
- 17%
- Listings with a price cut
- 29%
Multi-family (2–4 units): 1 sold, typical $409K
Townhouses: 10 sold, typical $239K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2023, at twice the 2016 price
718 sales in the last year, against 1,269 in 2022 and a low of 692 in 2012. The typical sale went from $152K in 2016 to $298K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $300K buys in Southaven
Check a listing against what Southaven homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Southaven are back to pre-pandemic levels, but 42% fewer homes come up for sale
We read every month of Southaven’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 718 sales.
If you’re buying in Southaven
- Shop in September. It brings about 101 new listings a month, close to the busiest month, with fewer bidding wars (19% over asking).
- You can negotiate. 29% of listings have cut their price, against 1% before the pandemic.
- Bid near asking. Buyers paid 98.5% of the list price on average; 17% paid over.
- You’ll usually have time. Only 33% of homes go under contract within two weeks; the typical one takes 38 days.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 117 a month), and the most competition: 22% close over asking. August and September offer nearly as much choice with fewer homes bid up (22%). February has the least competition (15%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and hotter than Mississippi
| Southaven now | 2017–19 | 2021 peak | MS now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 17% | 14% | 47% | 10% |
| Gone within two weeksShare of homes under contract within 14 days | 33% | 4% | 19% | 26% |
| Listings with a price cutShare of homes for sale that cut their price | 29% | 1% | 2% | 25% |
| Price paid vs. askingAverage sale price ÷ list price | 98.5% | 98.4% | 101.6% | 96.5% |
| Days to sellMedian days from listing to contract | 38 | 67 | 40 | 51 |
171 homes for sale on a typical day
That’s 1.2 times the 2023 low (146), 42% fewer than in 2017–19 and well under 2015’s 377.
1 in 3 listings has cut its price
29% in the last year, against 1% in 2017–19 and 25% across Mississippi. More sellers are pricing high and coming down.
Southaven ranks 3rd of 42 busy Mississippi markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Southaven is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Southaven home costs about $1,714 a month
Price: Southaven’s typical sale, last 12 months. Property tax at Southaven’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Southaven is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 60.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $298K home, about $1,910 a year.
Taxes vs. neighborsSchools
The schools grade for Southaven, from test results, graduation and how much students grow.
Schools in SouthavenTypical commute
The average one-way trip to work for people who live in Southaven.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot
The busier markets within 25 miles of Southaven, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Southaven | 718 | $298K | $158 | 17% | 38 |
| Olive Branch | 616 | $325K | $155 | 15% | 47 |
| Hernando | 339 | $359K | $167 | 11% | 54 |
| Horn Lake | 224 | $227K | $155 | 17% | 32 |
| Lynchburg | 65 | $308K | $167 | 6% | 46 |
| Bridgetown | 49 | $406K | $175 | 10% | 83 |
| Walls | 22 | $268K | $162 | 32% | 66 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Southaven, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Southaven. People who follow the town see it, and so do people comparing Southaven with their own town. No commission, no listing fee.
Questions about buying a home in Southaven
What do homes sell for in Southaven, MS?
718 homes sold in the year to May 2026 at a typical $298K, $158 a square foot.
Is Southaven a buyer’s or seller’s market?
A seller’s market: 175 homes were for sale in May 2026 and 54 sold, about 3.2 months of supply. Buyers paid 98.5% of asking on average, and 29% of listings cut their price.
When is the best time to buy in Southaven?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Southaven?
About 0.6% of a home’s value a year. On a $298K home that’s near $1,910.
Where can I see homes for sale in Southaven?
Zillow, Redfin, Realtor.com and Homes.com all carry Southaven’s MLS listings; the search links above open each one filtered to Southaven.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).