Is Hancock County, 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, Hancock County has remained a Buyer's Market.
Housing Prices in Hancock County, MS
How much do homes in Hancock County, MS cost?
Median Sold Price
$449,500
$159/sqft
Based on all homes sold in June 2024.
Difference Since Last Month
Summary: The median home sold price in Hancock County was $449,500 in June 2024, up 49.8% from last month, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $300K | $449.5K | +49.8% |
3 Bedrooms | - | - | N/A |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Hancock County housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 49.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Harrison County | $445.8K | $775K | +73.8% |
Hancock County | $300K | $449.5K | +49.8% |
Housing Supply in Hancock County, MS
How many homes are available in Hancock County, MS?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
454 | 483 | +6.4% |
Summary: The Hancock County real estate market had 483 homes for sale in June 2024, a 6.4% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 12 | -7.7% |
2 Bedrooms | 68 | 73 | +7.4% |
3 Bedrooms | 263 | 281 | +6.8% |
4 Bedrooms | 82 | 82 | 0.0% |
5+ Bedrooms | 28 | 35 | +25.0% |
Summary: The Hancock County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.7%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 6.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
64 | 56 | -12.5% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 56 homes were sold or pending in Hancock County in June 2024, down by 12.5% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Hancock County, MS
How long does it take to sell a home in Hancock County, MS?
Average Sale Time
May 2024 | Jun 2024 | CHANGE |
---|---|---|
185 Days | 5 Days | -97.3% |
Summary: Homes in Hancock County had an average of 5 days on market in Jun 2024, down by 97.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 56 homes were sold in Hancock County; 2% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.