Housing Prices in Richland, MS
How much do homes in Richland, MS cost?
Median List Price
$225,000
$140/sqft
Based on all homes listed in the last 12 months.
The Median List Price hasn't changed since March 2023.
Key Takeaway
The list price of homes in Richland has remained the same since last year.
Summary: The median home list price in Richland was $225,000 in March 2024, the same as the previous year, and the median price per square foot was $140.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $150.7K | $174.5K | +15.8% |
| 3 Bedrooms | $205K | $219.9K | +7.3% |
| 4 Bedrooms | $310K | $257.4K | -17.0% |
| 5+ Bedrooms | $799K | $557K | -30.3% |
Summary: Richland housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 7.3%, 4 bedroom homes decreased by 17%, and 5+ bedroom homes decreased by 30.3%.
Housing Supply in Richland, MS
How many homes are available in Richland, MS?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 26 | 21 | -19.2% |
Summary: The Richland real estate market had 21 homes for sale in March 2024, a 19.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 15 | 11 | -26.7% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Richland housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 26.7%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.
Days on Market for Richland, MS
How long does it take to sell a home in Richland, MS?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 120 Days | 224 Days | +86.0% |
Summary: Homes in Richland had an average listing age of 224 days in Mar 2024, up by 86% compared to the previous year.
