Housing Prices in Red Banks, MS
How much do homes in Red Banks, MS cost?
Median List Price
$339,900
$161/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Red Banks has increased by 5.2% since last year.
Summary: The median home list price in Red Banks was $339,900 in April 2024, up 5.2% from the previous year, and the median price per square foot was $161.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $367.5K | N/A |
| 3 Bedrooms | $297.4K | $305.8K | +2.8% |
| 4 Bedrooms | $341.4K | $369.9K | +8.3% |
| 5+ Bedrooms | $322.9K | $330K | +2.2% |
Summary: Red Banks housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 2.2%.
Housing Supply in Red Banks, MS
How many homes are available in Red Banks, MS?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 15 | +36.4% |
Summary: The Red Banks real estate market had 15 homes for sale in April 2024, a 36.4% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Red Banks 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 remained the same, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 100%.
Days on Market for Red Banks, MS
How long does it take to sell a home in Red Banks, MS?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 448 Days | 259 Days | -42.1% |
Summary: Homes in Red Banks had an average listing age of 259 days in Apr 2024, down by 42.1% compared to the previous year.
