Mississippi foreclosures and housing market
How foreclosure works in Mississippi, which counties lean to buyers or sellers, and how many homes are for sale right now.
How's the market in Mississippi?
A balanced market.
Listings spent about 79 days on the market, and 18% had a price cut in October 2026.
Market figures: Realtor.com® Economic Research, October 2026. Free weekly email. Unsubscribe anytime.
Distressed properties in Mississippi
Pre-foreclosures, auctions, bank-owned and HUD homes from county notices, with the street area instead of the house number.
Representative photoWe are not tracking properties in Mississippi yet
Our property list covers a handful of counties so far. Leave your email for the free weekly brief, and we will note that you want property alerts for Mississippi.
The closest place we track is Florida, with 1 property.
The Mississippi market in October 2026
Our score compares how many listings went under contract with how many were for sale, ranked against every US county. Low scores lean to buyers, high scores to sellers.
Mississippi market score
- Homes for sale
- 9,806
- US: 1,179,101
- Typical days on market
- 79
- US: 66
- Listings with a price cut
- 18%
- US: 21%
- Homes for sale vs pre-pandemic
- −12%
- US: −7%
- October 2026 vs the October average for 2017 to 2019.
Market score by county
Check any countyGray counties had too few listings to score. Tap a county for its full answer.
Most buyer-friendly counties
Lowest scores among counties with 50+ homes for sale.
- 3Clay County92 days on market · 5% with a price cut · 59 for sale
- 5Lowndes County85 days on market · 22% with a price cut · 206 for sale
- 10Adams County99 days on market · 17% with a price cut · 155 for sale
- 11Washington County75 days on market · 17% with a price cut · 119 for sale
- 12Oktibbeha County67 days on market · 17% with a price cut · 181 for sale
Most seller-friendly counties
Highest scores among counties with 50+ homes for sale.
- 85Tate County55 days on market · 25% with a price cut · 64 for sale
- 79Marshall County85 days on market · 23% with a price cut · 124 for sale
- 77Forrest County88 days on market · 18% with a price cut · 215 for sale
- 75Alcorn County77 days on market · 17% with a price cut · 70 for sale
- 71Lauderdale County72 days on market · 14% with a price cut · 115 for sale
Source: Realtor.com® Economic Research, October 2026 county data. County days on market are medians. State and US figures weight each county by its homes for sale. Price-cut share is the share of listings with a price reduction.
How foreclosure works in Mississippi
Most Mississippi foreclosures are non-judicial.
- Main steps and notices
- The sale is published in a county newspaper for three weeks and posted on the courthouse door.
- A lender has one year after the sale to seek a deficiency judgment.
- Catching up before the sale
- The borrower can reinstate up to the date of the sale.
- After the sale
- There is no right to redeem after the sale.
- Before any of this starts
- Under federal rules, a mortgage servicer generally can't make the first notice or filing for foreclosure until the borrower is more than 120 days behind.
- Governing law
- Mississippi Code § 15-1-23; § 89-1-55; § 89-1-59
Sources
- Justia, Foreclosure laws and procedures: 50-state survey (last reviewed November 2022)
- Nolo, Foreclosure redemption period rights (state chart)
- Consumer Financial Protection Bureau, How to avoid foreclosure
General information, not legal advice.
Laws change and each case differs. Anyone facing foreclosure should talk with a local attorney or a HUD-approved housing counselor.
Go deeper
- Check any county's marketPick a county in Mississippi and see whether it leans to buyers or sellers.
- Read the buying guidesHow to buy pre-foreclosures, auction homes, bank-owned homes, HUD homes and short sales.
- Help if you're behind on your mortgageWhere you are in the process, your options, free counselors and scam warnings.
Mississippi questions
Is foreclosure in Mississippi judicial or non-judicial?
Most Mississippi foreclosures are non-judicial.
Can a homeowner get the home back after a foreclosure sale in Mississippi?
There is no right to redeem after the sale.
Can a borrower in Mississippi catch up on the loan before the sale?
The borrower can reinstate up to the date of the sale.
Is Mississippi a buyer's or seller's market right now?
A balanced market. Mississippi scores 52 out of 100 on our market scale, where low scores lean to buyers. Listings spent about 79 days on the market, and 18% had a price cut in October 2026. Source: Realtor.com® Economic Research.
How far behind does a borrower have to be before foreclosure starts?
Under federal rules, a mortgage servicer generally can't make the first notice or filing for foreclosure until the borrower is more than 120 days behind. Source: Consumer Financial Protection Bureau.