$4,784 Closing Credit*
$402,900
2,153 SqFt
3 Beds
•3 Full Baths
Lexie A Hill, Becky Austin, Listing Office: Austin Realty Group, Inc-Her
Is Southaven, 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, Southaven has remained a Seller's Market.
Key Takeaway
Southaven is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Southaven, MS
How much do homes in Southaven, MS cost?
Median Sold Price
$387,000
-
Based on all homes sold in November 2024.
Difference Since Last Month
+$89,500(+30.1%)
Key Takeaway
Homes in Southaven have sold for 30.1% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $265K | $387K | +46.0% |
| 4 Bedrooms | $330K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Southaven housing prices by bedroom type for November 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 46%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Olive Branch | $459.9K | $737.4K | +60.4% |
| Southaven | $297.5K | $387K | +30.1% |
Housing Supply in Southaven, MS
How many homes are available in Southaven, MS?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 274 | 250 | -8.8% |
Summary: The Southaven real estate market had 250 homes for sale in November 2024, a 8.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 11 | -8.3% |
| 3 Bedrooms | 130 | 114 | -12.3% |
| 4 Bedrooms | 95 | 88 | -7.4% |
| 5+ Bedrooms | 37 | 37 | 0.0% |
Summary: The Southaven 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 decreased by 8.3%, 3 bedroom homes decreased by 12.3%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 64 | 48 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southaven, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 48 homes were sold or pending in Southaven in November 2024, down by 25.0% 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 Southaven, MS
We’re sorry, we don't have information for this market at the moment
