Hernando, MS

Balanced market+2.7% YoY

Housing market overview · Updated weekly

$361,450median sale price

Homes sold

26

Last 12 weeks

Days on market

60

Average pace

Active listings

77

3.0 months supply

Sale-to-list

98.9%

Below asking

The Hernando housing market is currently classified as a balanced market with a median sale price of $361,450. Prices have risen 2.7% compared to last year, with homes spending an average of 60 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Hernando

There are currently 77 homes listed for sale in Hernando, Mississippi. The median listing price is $348K.

Active listings

77

Homes on market

Median list price

$348K

Avg. days on market

60

Days until sale

New this week

24

Newly listed

Price drops:15.6%of listings
Sale-to-list:98.9%

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Frequently asked questions

What is the average home price in Hernando?

The median home sale price in Hernando is $361,450, up 2.7% from last year.

How long do homes stay on market in Hernando?

Homes typically spend 60 days on market before going under contract.

Is Hernando a buyer's or seller's market?

With 3.0 months of supply, Hernando is currently a balanced market.

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