$5,461 Closing Credit*
$459,900
2,947 SqFt
5 Beds
•2 Full Baths, 1 Partial
Lorna D Skelton, Listing Office: Sky Lake Realty LLC
Housing Prices in Southaven, MS
How much do homes in Southaven, MS cost?
Median List Price
$292,622
$157/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$2,705(+0.9%)
Key Takeaway
The list price of homes in Southaven has increased by 0.9% since last year.
Summary: The median home list price in Southaven was $292,622 in October 2024, up 0.9% from the previous year, and the median price per square foot was $157.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $189.9K | $198K | +4.3% |
| 3 Bedrooms | $266.1K | $254.5K | -4.4% |
| 4 Bedrooms | $322.5K | $324.9K | +0.7% |
| 5+ Bedrooms | $425K | $425K | 0.0% |
Summary: Southaven 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 4.3%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Nesbit | $375K | $385K | +2.7% |
| Olive Branch | $363.3K | $369.9K | +1.8% |
| Hernando | $374.5K | $379.7K | +1.4% |
| Southaven | $289.9K | $292.6K | +0.9% |
| Horn Lake | $229K | $220K | -3.9% |
Housing Supply in Southaven, MS
How many homes are available in Southaven, MS?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 250 | 274 | +9.6% |
Summary: The Southaven real estate market had 274 homes for sale in October 2024, a 9.6% increase 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 | 12 | 11 | -8.3% |
| 3 Bedrooms | 121 | 134 | +10.7% |
| 4 Bedrooms | 81 | 91 | +12.3% |
| 5+ Bedrooms | 36 | 38 | +5.6% |
Summary: The Southaven 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 decreased by 8.3%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 5.6%.
Days on Market for Southaven, MS
How long does it take to sell a home in Southaven, MS?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 150 Days | 121 Days | -19.3% |
Summary: Homes in Southaven had an average listing age of 121 days in Oct 2024, down by 19.3% compared to the previous year.
