Housing Prices in Ridgeland, MS

How much do homes in Ridgeland, MS cost?

Median List Price

$316,873

$147/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$44,873(+16.5%)

Key Takeaway

The list price of homes in Ridgeland has increased by 16.5% since last year.

Summary: The median home list price in Ridgeland was $316,873 in March 2024, up 16.5% from the previous year, and the median price per square foot was $147.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $169.9K-
N/A
2 $179K$209.5K
+17.0%
3 $232.4K$255K
+9.7%
4 $532.5K$425K
-20.2%
5+ $1.2M$950K
-26.6%

Summary: Ridgeland 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 17%, 3 bedroom homes increased by 9.7%, 4 bedroom homes decreased by 20.2%, and 5+ bedroom homes decreased by 26.6%.

Median List Price Compared To Nearby Cities

Ridgeland
+16.5%
Madison
0.0%
Jackson
-10.6%

Housing Supply in Ridgeland, MS

How many homes are available in Ridgeland, MS?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
138149+8.0%

Summary: The Ridgeland real estate market had 149 homes for sale in March 2024, a 8.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1716
-5.9%
3 6264
+3.2%
4 4452
+18.2%
5+ 1517
+13.3%

Summary: The Ridgeland 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 decreased by 5.9%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 13.3%.

Days on Market for Ridgeland, MS

How long does it take to sell a home in Ridgeland, MS?

Average Listing Age

Mar 2023Mar 2024CHANGE
252 Days246 Days-2.2%

Summary: Homes in Ridgeland had an average listing age of 246 days in Mar 2024, down by 2.2% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Ridgeland, MS

Nearby Markets to Ridgeland, MS

What housing markets are near Ridgeland, MS?