Is 38852, MS a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 38852 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 38852 has remained a Buyer's Market.

Key Takeaway

38852 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 38852, MS

How much do homes in 38852, MS cost?

Median Sold Price

$108,000

-

Based on all homes sold in April 2024.

Difference Since Last Month

-$90,500(-45.6%)

Key Takeaway

Homes in 38852 have sold for 45.6% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $198.5K-
N/A
3 -$108K
N/A
4 --
N/A
5+ --
N/A

Summary: 38852 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 38852, MS

How many homes are available in 38852, MS?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1824+33.3%

Summary: The 38852 real estate market had 24 homes for sale in April 2024, a 33.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 46
+50.0%
3 710
+42.9%
4 33
0.0%
5+ 34
+33.3%

Summary: The 38852 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 50%, 3 bedroom homes increased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 38852, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 38852 in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 38852, MS

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in 38852, MS

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