Is Brookhaven a buyer's or seller's market right now?

Brookhaven is currently a buyer's market with 10.3 months of supply. Homes are selling at 91.9% of list price, and 11.5% go pending within two weeks. The Ridley Sell Score for Brookhaven is 9/100 (Emerging), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Brookhaven?

The median home price in Brookhaven is $147,650, down 16.8% year-over-year. The median price per square foot is $80. Homes sell in a median of 134 days with a sale-to-list ratio of 91.9%.

How much does it cost to sell a home in Brookhaven, Mississippi?

On a $147,650 home in Brookhaven, a traditional listing agent charges around $4,430 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $11,812 or more. With Ridley Essentials ($999) you save $3,431, and with Ridley Pro ($3,499) you save $931 while getting full agent support.

How does Ridley's flat fee compare to a traditional Brookhaven agent?

A traditional Brookhaven listing agent typically charges 3% of the sale price — about $4,430 on a $147,650 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $3,431–$931 compared to a traditional agent.

How long does it take to sell a home in Brookhaven?

The median home in Brookhaven currently spends 134 days on the market before going under contract. 11.5% of homes go pending within two weeks. At a 91.9% sale-to-list ratio, sellers are seeing some negotiation. Only 31.7% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in Mississippi?

No. Mississippi does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $147,650 home, that could save you up to $931.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in Mississippi. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $4,430 commission.

National/Mississippi

Brookhaven, MS

Is Now a Good Time to Sell in Brookhaven, Mississippi?

The median home in Brookhaven sells for $147,650 with prices down 16.8% year-over-year. The average seller pays $4,430 in commissions — Ridley’s flat fee saves you $931.

Brookhaven Real Estate Market Conditions — March 2026

9out of 100

Ridley Sell Score

How it's scored →

Emerging

9/100

A buyer-friendly market — Ridley's flat fee helps you keep more equity.

What this means for sellers

Brookhaven is currently a buyer's market, and sellers should plan accordingly. Expect longer days on market and more price negotiation. The best strategy is to price competitively from day one, invest in presentation, and be open to concessions. Sellers who are patient and realistic about pricing can still close — and Ridley's flat fee means more of the sale price stays in your pocket.

Inventory TightnessFavors buyers

10.3 months of supply — above the 5-month balanced threshold, giving buyers more options. Mississippi average is 5.1.

Price MomentumFavors buyers

Prices down 16.8% year-over-year — vs. +11.5% statewide.

Seller LeverageFavors buyers

Homes selling at 91.9% of asking — buyers are negotiating 8.1% below list. Mississippi average is 96.7%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the Mississippi average of 9.9%.

Sale SpeedFavors buyers

134 median days on market — 60 days slower than the Mississippi average.

Market UrgencyFavors buyers

11.5% of listings go pending within 2 weeks — vs. 19.7% statewide.

Price StabilityFavors buyers

31.7% of listings have dropped their price — accurate initial pricing is critical. Mississippi average is 25%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$147,650

-16.8%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

134

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$80

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

91.9%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

10.3

Buyer’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Somewhat Competitive

Price Drops

Percentage of active listings that had a price reduction.

31.7%

Pricing matters

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

11.5%

Slower pace

12-Month Price Trend

$250,500 → $147,650

▼41.1%

$250K$200K$150K

AprJunAugOctDecFebMar

Data updated March 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Brookhaven — delivered monthly.

Your savings

How much can you save selling your home in Brookhaven?

The average Brookhaven homeowner saves $931 by selling with Ridley instead of paying the traditional 3% listing commission on a $147,650 home.

$0Estimated savings

That covers your moving costs — save 0.6% of your home value

Your Brookhaven home value

$147,650

$50,000$10M

Traditional Agent (3%)

$4,430

Ridley Pro (flat fee)

$3,499

Ready to sell in Brookhaven?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

How much does it cost to sell a house in Brookhaven?

The total cost to sell a house in Brookhaven in 2026 ranges from $999 with Ridley Essentials to approximately $4,430 with a traditional 3% commission on a $147,650 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$4,430	$3,499	$999	$0
Buyer agent	$4,1342.8% avg	$2,953~2% avg	$2,953~2% avg	$4,1342.8% avg
Closing costs (~1.5%)	$2,215	$2,215	$2,215	$2,215
Total cost	$10,779	$8,667	$6,167	$6,349
Net proceeds	$136,871	$138,983	$141,483	$141,301
You save	—	$931	$3,431	$4,430No support