$5,641 Closing Credit*
$475,000
2,480 SqFt
5 Beds
•3 Full Baths
Eddie Scruggs, Donna M Scruggs, Listing Office: Berkshire Hathaway Homeservices Taliesyn Realty
Is 38654, MS a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 38654 has remained a Seller's Market.
Key Takeaway
38654 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 38654, MS
How much do homes in 38654, MS cost?
Median Sold Price
$498,500
-
Based on all homes sold in October 2024.
Difference Since Last Month
+$148,000(+42.2%)
Key Takeaway
Homes in 38654 have sold for 42.2% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $277K | $400K | +44.4% |
| 4 Bedrooms | $424K | $537K | +26.7% |
| 5+ Bedrooms | - | $600K | N/A |
Summary: 38654 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 increased by 44.4%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes did not change.
Housing Supply in 38654, MS
How many homes are available in 38654, MS?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 341 | 328 | -3.8% |
Summary: The 38654 real estate market had 328 homes for sale in October 2024, a 3.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 103 | 103 | 0.0% |
| 4 Bedrooms | 137 | 128 | -6.6% |
| 5+ Bedrooms | 96 | 91 | -5.2% |
Summary: The 38654 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 increased by 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 6.6%, and 5+ bedroom homes decreased by 5.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 66 | 64 | -3.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 38654, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 64 homes were sold or pending in 38654 in October 2024, down by 3.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for 38654, MS
We’re sorry, we don't have information for this market at the moment
