Waveland Housing Update: Values Ease, Inventory Steady Early 2026
Waveland, MS – March 8, 2026 – Home values are modestly lower year over year while inventory holds steady, with 47 homes for sale at last check.
Waveland Housing Market Snapshot
- Typical home value around $205K, down 4.8% year over year (through Jan. 31, 2026).
- About 47 homes for sale, with 6 new listings at month-end.
- Median list price near $314K entering February.
Home values in Waveland have softened slightly compared with a year ago, according to Zillow data through January 31, 2026. The typical home value sits near $205K, reflecting a 4.8% annual decline. Inventory remains relatively limited at 47 active listings, with 6 new listings added at the end of January.
For buyers, the combination of lower year-over-year values and steady supply may create room for negotiation, especially on properties that have been on the market for several weeks. For sellers, pricing accurately against recent comparable sales is increasingly important as conditions normalize.
Development & Permitting
Residential and land-use activity continues to move through the city’s established review process. The Planning & Zoning Commission meets on the third Monday of each month, with items advancing to the Board of Mayor and Aldermen in the following month. Building permits are handled through the city’s Building Department at City Hall. Property owners considering additions, new construction, or zoning changes should confirm current requirements before starting work.
What’s on the Market
Current listings range from established coastal cottages to vacant lots suitable for new construction. With the median list price near $314K at the end of January, buyers will find a mix of mid-range homes and higher-priced properties closer to the waterfront. Lot inventory remains a notable segment for those planning custom builds.
As the spring season approaches, market activity typically picks up along the Coast. Are you seeing more showings, price adjustments, or new construction in your neighborhood?
Sources
https://www.zillow.com/home-values/27806/waveland-ms/
https://www.waveland.ms.gov/pzc
https://www.waveland.ms.gov/building/page/permits