Is now a good time to buy land in Picayune, Mississippi?
Picayune, Mississippi is currently a strong buyer's market with 45.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
45.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 2 | 3 |
| 1-2 acres | - | 1 | 4 | 8 |
| 2-5 acres | 1 | 3 | 5 | 8 |
| 5-10 acres | - | - | - | 2 |
| 10-20 acres | - | 2 | 2 | 3 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 6 | 14 | 25 |
Picayune, Mississippi is currently a strong buyer's market with 45.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Picayune, Mississippi currently has 45.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
There are currently 90 active listings in Picayune, Mississippi. 45 new listings have hit the market in the last 90 days. The median asking price is $116K.
The 3-month absorption rate in Picayune, Mississippi is 2.2%. The 12-month rate is 2.4%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Picayune, Mississippi typically sells within 60 days of listing. The median time on market is 29 days. Properties are moving at a moderate pace in the current strong buyer's market.
Over the past 12 months, Picayune, Mississippi saw 26 properties sold. In just the last 3 months, 6 properties changed hands.
The current absorption rate in Picayune, Mississippi is 2.2% (3-month basis), indicating slow demand. The top-performing broker in this market is Ford Realty, Inc..
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.