Housing Prices in Rankin County, MS
How much do homes in Rankin County, MS cost?
Median List Price
$274,207
$155/sqft
Based on all homes listed in the last 12 months.
Difference Since June 2023
Key Takeaway
The list price of homes in Rankin County has remained the same since last year.
Summary: The median home list price in Rankin County was $274,207 in June 2024, down 0.1% from the previous year, and the median price per square foot was $155.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $240K | N/A |
| 2 Bedrooms | $179.9K | $189.9K | +5.6% |
| 3 Bedrooms | $240K | $245.8K | +2.5% |
| 4 Bedrooms | $385.1K | $379.8K | -1.4% |
| 5+ Bedrooms | $594.8K | $589K | -1.0% |
Summary: Rankin County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 1%.
Median List Price Compared To Nearby Counties
| Scott County | $170.7K | $203K | +18.9% |
| Simpson County | $179.5K | $195K | +8.6% |
| Madison County | $349.3K | $363K | +3.9% |
| Rankin County | $274.4K | $274.2K | -0.1% |
| Hinds County | $171K | $159.3K | -6.8% |
Housing Supply in Rankin County, MS
How many homes are available in Rankin County, MS?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 619 | 642 | +3.7% |
Summary: The Rankin County real estate market had 642 homes for sale in June 2024, a 3.7% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 27 | 25 | -7.4% |
| 3 Bedrooms | 290 | 306 | +5.5% |
| 4 Bedrooms | 261 | 270 | +3.4% |
| 5+ Bedrooms | 41 | 41 | 0.0% |
Summary: The Rankin County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.4%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes remained the same.
Days on Market for Rankin County, MS
How long does it take to sell a home in Rankin County, MS?
Average Listing Age
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 108 Days | 79 Days | -26.6% |
Summary: Homes in Rankin County had an average listing age of 79 days in Jun 2024, down by 26.6% compared to the previous year.
