Is 38654, MS a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 38654 was a Neutral Market.
Key Takeaway
38654 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 38654, MS
How much do homes in 38654, MS cost?
Median Sold Price
$349,950
-
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in 38654 have sold for 20.7% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $230.2K | $349.9K | +52.0% |
| 4 Bedrooms | $290K | - | N/A |
| 5+ Bedrooms | $310K | - | N/A |
Summary: 38654 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 52%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 38654, MS
How many homes are available in 38654, MS?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 342 | 382 | +11.7% |
Summary: The 38654 real estate market had 382 homes for sale in April 2024, a 11.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 10 | +25.0% |
| 3 Bedrooms | 98 | 102 | +4.1% |
| 4 Bedrooms | 132 | 152 | +15.2% |
| 5+ Bedrooms | 104 | 118 | +13.5% |
Summary: The 38654 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes increased by 13.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 54 | 49 | -9.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 38654, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 49 homes were sold or pending in 38654 in April 2024, down by 9.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 38654, MS
We’re sorry, we don't have information for this market at the moment
