Housing Prices in Ridgeland, MS

How much do homes in Ridgeland, MS cost?

Median List Price

$325,000

$156/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$18,333(+6.0%)

Key Takeaway

The list price of homes in Ridgeland has increased by 6% since last year.

Summary: The median home list price in Ridgeland was $325,000 in October 2024, up 6% from the previous year, and the median price per square foot was $156.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $198.7K$242.5K
+22.0%
3 $254.9K$256K
0.4%
4 $475K$474.9K
0%
5+ $950K$1.0M
+15.7%

Summary: Ridgeland housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22%, 3 bedroom homes increased by 0.4%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 15.7%.

Median List Price Compared To Nearby Cities

Madison
+7.5%
Ridgeland
+6.0%
Jackson
-6.2%

Housing Supply in Ridgeland, MS

How many homes are available in Ridgeland, MS?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
88103+17.0%

Summary: The Ridgeland real estate market had 103 homes for sale in October 2024, a 17.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1113
+18.2%
3 3647
+30.6%
4 2423
-4.2%
5+ 1720
+17.6%

Summary: The Ridgeland 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 18.2%, 3 bedroom homes increased by 30.6%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 17.6%.

Days on Market for Ridgeland, MS

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

Average Listing Age

Oct 2023Oct 2024CHANGE
146 Days106 Days-27.5%

Summary: Homes in Ridgeland had an average listing age of 106 days in Oct 2024, down by 27.5% compared to the previous year.

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

Report Updated 16 Days Ago

Newest Listings in Ridgeland, MS

Nearby Markets to Ridgeland, MS

What housing markets are near Ridgeland, MS?