Petal, MS Housing Market 2026: Median Home Price, Last 12 Months

If you invest in or around Petal, the number that matters is what homes actually close for, not what sellers are asking. Here is what Petal sale prices look like right now, built from the closings Resideline tracked over the last 12 months, as of August 2026.

The snapshot

• •Closings tracked, last 12 months: 191
• •Median sold price, last 12 months: $235,000
• •Median sold $/sqft, last 12 months: $143
• •Middle half of sales closed between: $185,000 and $299,900

What the numbers say

Resideline tracked 191 closed sales in Petal over the last 12 months, with a median closing price of $235,000. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $185,000 and $299,900. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. 100% of the Petal closings we track here are single-family houses, so these figures primarily reflect that segment, and the citywide $/sqft figure primarily reflects that segment as well. Across the 183 closings with usable living area, the middle half sold between $117 and $160 per square foot.

Figures last updated August 22, 2026 from closings Resideline tracked.

Median home price in Petal, MS (August 2026)

The median home price in Petal is $235,000, measured across the 191 closed sales Resideline tracked over the last 12 months. The middle half of those sales closed between $185,000 and $299,900.

Where Petal sale prices land

Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Petal over the last 12 months, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $185,000 and $299,900. Where your target property sits inside that spread matters more than the citywide median.

How long a sale takes here

• •Listed to under contract: a median of 32 days, across 128 Petal closings Resideline tracked in the last 12 months
• •Contract to closing: a median of 32 days, across 112 Petal closings Resideline tracked in the last 12 months

The Petal angle

Petal's $185,000 to $299,900 range is tighter than most markets we track, which normally makes $235,000 a workable anchor, but the 191 closings behind it are fewer than in most of our coverage, so that anchor rests on limited evidence. Strict property type and size criteria can leave you with almost nothing here, so keep the criteria that genuinely matter, extend the radius or the window in measured steps, and weight the nearest matches most heavily. Treat $235,000 as indicative of the city while you do it. Direction matters too. Check that placement before you rely on the number.

From market read to offer price

A market read is the backdrop. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.

And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. As of August 2026, the public scoreboard showed 3.26% median error across 12,508+ graded closings. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.

Run any Petal address through Resideline and you will see the local market and the property's value together, in one report.

Cite this

Using these numbers? Please cite the source and the sample size:

Source: Resideline Market Watch
Market: Petal, MS
Data updated: August 2026
Analysis period: last 12 months
Tracked closings: 191
Median sold price: $235,000
Median sold $/sqft: $143 (183 qualifying)
Property mix: 100% houses
https://resideline.com/blog/petal-ms-housing-market

The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.

Every local market figure on this page is computed from closed sales Resideline tracked in Petal over the last 12 months, and is refreshed when the data is.