Is Pearl River County, MS a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Pearl River County was a Buyer's Market.
Housing Prices in Pearl River County, MS
How much do homes in Pearl River County, MS cost?
Median Sold Price
$183,000
$130/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Pearl River County was $183,000 in May 2024, down 62.4% from last month, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | - | $183K | N/A |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | $487K | - | N/A |
Summary: Pearl River County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Pearl River County, MS
How many homes are available in Pearl River County, MS?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
142 | 175 | +23.2% |
Summary: The Pearl River County real estate market had 175 homes for sale in May 2024, a 23.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 7 | 11 | +57.1% |
3 Bedrooms | 84 | 101 | +20.2% |
4 Bedrooms | 37 | 44 | +18.9% |
5+ Bedrooms | 13 | 17 | +30.8% |
Summary: The Pearl River County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 57.1%, 3 bedroom homes increased by 20.2%, 4 bedroom homes increased by 18.9%, and 5+ bedroom homes increased by 30.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 31 | +106.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Pearl River County in May 2024, up by 106.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Pearl River County, MS
How long does it take to sell a home in Pearl River County, MS?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
338 Days | 4 Days | -98.8% |
Summary: Homes in Pearl River County had an average of 4 days on market in May 2024, down by 98.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 31 homes were sold in Pearl River County; 3% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.