Is 38637, MS a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 38637 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 38637 has remained a Seller's Market.

Key Takeaway

38637 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 38637, MS

How much do homes in 38637, MS cost?

Median Sold Price

$210,000

-

Based on all homes sold in October 2024.

Difference Since Last Month

-$107,900(-33.9%)

Key Takeaway

Homes in 38637 have sold for 33.9% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $317.9K$210K
-33.9%
4 --
N/A
5+ --
N/A

Summary: 38637 housing prices by bedroom type for October 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 decreased by 33.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 38637, MS

How many homes are available in 38637, MS?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7288+22.2%

Summary: The 38637 real estate market had 88 homes for sale in October 2024, a 22.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 5668
+21.4%
4 1416
+14.3%
5+ 13
+200.0%

Summary: The 38637 housing inventory by bedroom type for October 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 21.4%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1521+40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 38637, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 38637 in October 2024, up by 40.0% 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 38637, MS

We’re sorry, we don't have information for this market at the moment

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

Report Updated 14 Days Ago

Newest Listings in 38637, MS

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