Petal, MS Multifamily Homes & Duplexes for Sale
Why Live in Petal



Petal is a relatively new city, incorporated in 1974. Home to about 11,000 people, the small, southern Mississippi town lies along the Leaf River just 3 miles northeast of Hattiesburg. Residents of the formerly unincorporated area lobbied to become a separate city rather than be annexed into Hattiesburg. One of their main objectives was to control their schools. That instinct paid off, as the Petal School District now consistently ranks as one of the best in the state and is one of the biggest reasons people move to the city. Melanie Waters, a ...
Home Trends in Petal, MS
On average, homes in Petal, MS sell after 72 days on the market compared to the national average of 48 days. The median sale price for homes in Petal, MS over the last 12 months is $249,900, up 9% from the median home sale price over the previous 12 months.
Housing Trends
In Petal, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $285,000 to $4,250,000, there's a range to accomodate every budget. As of May, 2025 the median home price in Petal is $279,000, while the average sale price is $267,569, offering insights into the local housing market. On average, multi-family homes spend 72 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Petal, MS.