Housing Prices in Hernando, MS
How much do homes in Hernando, MS cost?
Median List Price
$387,900
$165/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Hernando has increased by 2.4% since last year.
Summary: The median home list price in Hernando was $387,900 in May 2024, up 2.4% from the previous year, and the median price per square foot was $165.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $117.9K | $165K | +39.9% |
| 2 Bedrooms | $235K | $232.5K | -1.1% |
| 3 Bedrooms | $303.4K | $325K | +7.1% |
| 4 Bedrooms | $389.9K | $399K | +2.3% |
| 5+ Bedrooms | $510K | $525.4K | +3.0% |
Summary: Hernando housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39.9%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 3%.
Housing Supply in Hernando, MS
How many homes are available in Hernando, MS?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 198 | 228 | +15.2% |
Summary: The Hernando real estate market had 228 homes for sale in May 2024, a 15.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 55 | 60 | +9.1% |
| 4 Bedrooms | 96 | 111 | +15.6% |
| 5+ Bedrooms | 42 | 51 | +21.4% |
Summary: The Hernando housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 21.4%.
Days on Market for Hernando, MS
How long does it take to sell a home in Hernando, MS?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 115 Days | 107 Days | -6.6% |
Summary: Homes in Hernando had an average listing age of 107 days in May 2024, down by 6.6% compared to the previous year.
