Is Pearl River County, MS a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pearl River County is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Pearl River County was a Neutral Market.

Key Takeaway

Pearl River County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Pearl River County, MS

How much do homes in Pearl River County, MS cost?

Median Sold Price

$336,450

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$71,450(+27.0%)

Key Takeaway

Homes in Pearl River County have sold for 27% more than they did a year ago.

Summary: The median home sold price in Pearl River County was $336,450 in November 2024, up 27% from last year, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $232.5K$343K
+47.5%
3 $240K$206.5K
-14.0%
4 $262.5K$367.4K
+40.0%
5+ $890K$487K
-45.3%

Summary: Pearl River County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 47.5%, 3 bedroom homes decreased by 14%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 45.3%.

Median Sold Price Compared To Nearby Counties

Pearl River County
+27.0%
Washington County
+8.3%
Saint Tammany County
+2.5%

Housing Supply in Pearl River County, MS

How many homes are available in Pearl River County, MS?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
182174-4.4%

Summary: The Pearl River County real estate market had 174 homes for sale in November 2024, a 4.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 1515
0.0%
3 9391
-2.2%
4 5145
-11.8%
5+ 2021
+5.0%

Summary: The Pearl River County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2022+10.0%

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 Pearl River County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Pearl River County in November 2024, up by 10.0% 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 Pearl River County, MS

How long does it take to sell a home in Pearl River County, MS?

Average Sale Time

Nov 2023Nov 2024CHANGE
63 Days73 Days+15.9%

Summary: Homes in Pearl River County had an average of 73 days on market in Nov 2024, up by 15.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Pearl River County has remained consistent over time.

Summary: During November 2024, 22 homes were sold in Pearl River County; 0% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 17 Days Ago

Newest Listings in Pearl River County, MS

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