Real Estate Housing Trends for Corinth MS
Whether you’re buying your first home, settling into a quieter lifestyle, or exploring real estate investment opportunities, Justin Johnson Realty is here to help you navigate the latest trends in Corinth, MS, and find the perfect property in this thriving Southern town.
The Housing Market Trends in Corinth
The real estate housing market of Corinth, MS, currently favors buyers. All homes sold in December 2024 sold below the asking price. Although property prices rose by 4.6% year-over-year recently, home values slightly declined month-over-month by 3.7% from November to December of the previous year.
However, despite this short-term fall, Corinth is expected to attract homebuyers and investors in 2025 and the coming years due to the affordability and long-term appreciation trends for properties in the area.
Corinth Housing Prices Continue to Rise
Housing price trends in Corinth, MS, were at a downward trend in the last month of 2024, with the median list price decreasing by 3.7% from November to December. But, from an annual timeframe, prices were still higher than in previous years. This projected upward trend continued, since, as of the end of February 2025, the average price of homes in the area rose by 2.1 to 6.8 percent compared to exactly a year ago.
Over the past decade, home values in Corinth have appreciated at an average annual rate of around 5 percent, which was exceeded by 2024’s trend of a 6 percent increase. So far, this increase has been observed from January to February 2025. But it is still far too early to determine if the same trend continues for the rest of the year.
Available Inventory of Homes Makes Corinth a Buyers’ Market
The Corinth housing market consists primarily of single-family homes, along with a few duplexes and apartments. While there are only 5 to 15 properties listed for sale each month, the average listing spent 80 days on the market as of 2024, which is quite long even for a rural area. This makes the area a buyer’s market, giving them stronger negotiating power and making it a great time for those looking to buy homes or investment opportunities.
Keep in mind that you are never limited to properties listed on the market. At Justin Johnson Realty, we provide exclusive access to off-market homes for sale in Corinth, ensuring that you can stay ahead in this evolving market. Whether you’re looking for a home or an investment property, we can help you find the right one quickly and efficiently.
Housing Demand Drivers in Corinth
The Corinth housing market remains attractive due to its affordability and long-term potential for appreciation.
Affordable housing market
Corinth’s median sale price ($239,000) is above the state’s ($209,000) but well below the national median price ($396,900), making the area a great option for those looking to find more affordable residential properties.
Strong local economy and employment
Major employers in the area include manufacturers of electronic equipment and diesel engines, health care and social assistance, retail trade, and agriculture.
Local Market Favoring Buyers
With listed properties having more days on the market, Corinth currently favors homebuyers. However steady sales activity in previous months may suggest ongoing interest that may turn it into a seller’s market in the future.
A Balanced Mix of Homeownership and Rental Demand
58 percent of Corinth homes are owner-occupied, and the rest are renter-occupied. This balance creates a more stable market, reducing the risk of drastic fluctuations in prices and availability.
Living in Corinth MS
Corinth is known as the crossroads of the South for a reason. It sits in a convenient location in Alcorn County in northeast Mississippi. It’s about 90 minutes from Memphis, TN, an hour from Tupelo, MS, and roughly two hours away from Huntsville, AL. With Highways 72 and 45 intersecting in the area, it makes commutes and road trips doable. However, the nearest major airport is Memphis International, which is 90 miles away.
There is a local Walmart in Corinth, making buying daily essentials convenient.
There are also a few chain restaurants and unique downtown shops for eating out and local shopping. But, for big-box variety or nightlife, you will have to drive to Tupelo or Memphis.
Community and Lifestyle
Corinth has a small-town vibe with a modern twist. Its population has a blend of hospital and industry workers and a suburban-rural mix where families, young professionals, and retirees coexist.
Downtown is walkable with shops and Southern eateries with their biscuits and BBQ. But nightlife is scarce aside from Friday football games. Social life tends to revolve around schools, churches, and community events.
Schools
The Corinth School District has highly-rated schools from pre-K through 12. Classes have a student/teacher ratio of 14.66, which is a smaller class size compared to the national average, making learning more engaging and interactive.
Corinth High School is ranked 69th in the latest Jay Matthews Challenge Index that ranks high schools based on the ratio of Advanced Placement, International Baccalaureate, and Cambridge tests given each year to the number of graduating seniors, placing the district in the top 1% of America’s 22,000 high schools.
Healthcare Facilities
Healthcare stands out for a town the size of Corinth, MS. Magnolia Regional Health Center is top-tier, drawing patients from beyond Alcorn County for emergency services, cardiology, surgery, and more. Smaller clinics and specialists dot the area, and Memphis is close enough for bigger procedures.
Local Attractions
Corinth’s charm lies in its history and simplicity. The Corinth Civil War Interpretive Center is a must with its interactive exhibits that bring the 1862 Battle of Corinth to life. The Crossroads Museum digs deeper into local lore, while Filmore Street’s historic buildings ooze character.
The Coliseum Civic Center, housing 900 seats, hosts symphony performances, plays, and concerts. Pickwick Lake is great for fishing or boating, and downtown’s eateries serve up comfort food. Overall, Corinth is not a tourist trap, but its attractions are enough to keep weekends interesting without leaving town.
Climate
Corinth has a humid subtropical climate. This means hot summers, mild winters, and plenty of rain. On average, the temperature has a high of 72 degrees F and lows of 48.8 degrees F, with around 57 inches of precipitation. Summer is the wettest, with 52 days over 90 degrees F, while winter can dip to freezing 49 days of the year, with a rare 1.7 inches of snow.
If you love distinct seasons without the brutal cold, Corinth is ideal for you. But AC and an umbrella are essential with the rain and humidity that the summer months bring.
Find the Perfect Home in Corinth MS
Searching for the perfect home in Corinth, MS? Justin Johnson Realty offers a diverse selection of homes and land to fit your requirements. From historic homes with Southern Charm to modern family residences or ideal lots for building a house, our experienced team is ready to help you. With in-depth knowledge of the Corinth MS real estate market, we’ll help you navigate every step of the buying process.
Don’t wait to find your next home. Explore our listings and reach out today to start your journey toward owning the perfect property at the crossroads of the South.
Sorry we are experiencing system issues. Please try again.