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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Byhalia is a buyer's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Byhalia, MS

How much do homes in Byhalia, MS cost?

Median Sold Price

$180,000

-

Based on all homes sold in April 2024.

Difference Since Last Month

-$80,000(-30.8%)

Key Takeaway

Homes in Byhalia have sold for 30.8% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $260K$180K
-30.8%
4 --
N/A
5+ --
N/A

Summary: Byhalia 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 decreased by 30.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Byhalia, MS

How many homes are available in Byhalia, MS?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
113116+2.7%

Summary: The Byhalia real estate market had 116 homes for sale in April 2024, a 2.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 43
-25.0%
3 4545
0.0%
4 3742
+13.5%
5+ 2625
-3.8%

Summary: The Byhalia 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 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes decreased by 3.8%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1516+6.7%

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 Byhalia, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Byhalia in April 2024, up by 6.7% month-over-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 Byhalia, 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 10 Days Ago

Newest Listings in Byhalia, MS

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