Housing Prices in Rankin County, MS

How much do homes in Rankin County, MS cost?

Median List Price

$278,924

$158/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$9,136(+3.4%)

Key Takeaway

The list price of homes in Rankin County has increased by 3.4% since last year.

Summary: The median home list price in Rankin County was $278,924 in November 2024, up 3.4% from the previous year, and the median price per square foot was $158.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$240K
N/A
2 $179.7K$190K
+5.7%
3 $239.9K$252.2K
+5.1%
4 $385K$379.9K
-1.3%
5+ $569.9K$564.9K
-0.9%

Summary: Rankin 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 5.7%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 0.9%.

Median List Price Compared To Nearby Counties

Scott County
+8.3%
Simpson County
+7.1%
Madison County
+4.6%
Rankin County
+3.4%
Hinds County
+3.1%

Housing Supply in Rankin County, MS

How many homes are available in Rankin County, MS?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
591613+3.7%

Summary: The Rankin County real estate market had 613 homes for sale in November 2024, a 3.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2023
+15.0%
3 295310
+5.1%
4 244245
0.4%
5+ 3235
+9.4%

Summary: The Rankin County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 9.4%.

Days on Market for Rankin County, MS

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

Average Listing Age

Nov 2023Nov 2024CHANGE
147 Days89 Days-39.4%

Summary: Homes in Rankin County had an average listing age of 89 days in Nov 2024, down by 39.4% compared to the previous year.

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

Report Updated 20 Days Ago

Newest Listings in Rankin County, MS

Nearby Markets to Rankin County, MS

What housing markets are near Rankin County, MS?