Is 38671, MS a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 38671 has remained a Seller's Market.
Key Takeaway
38671 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 38671, MS
How much do homes in 38671, MS cost?
Median Sold Price
$270,500
-
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in 38671 have sold for 42.4% 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 | $190K | $270.5K | +42.4% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 38671 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 42.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 38671, MS
How many homes are available in 38671, MS?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 147 | 165 | +12.2% |
Summary: The 38671 real estate market had 165 homes for sale in April 2024, a 12.2% 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 | 22 | 19 | -13.6% |
| 3 Bedrooms | 88 | 105 | +19.3% |
| 4 Bedrooms | 30 | 32 | +6.7% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The 38671 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 decreased by 13.6%, 3 bedroom homes increased by 19.3%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 28 | 29 | +3.6% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 38671, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 29 homes were sold or pending in 38671 in April 2024, up by 3.6% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 38671, MS
We’re sorry, we don't have information for this market at the moment
