Hernando, MS Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Hernando, MS is $361,450, up 2.7% year-over-year. Homes sell in an average of 60 days with 77 active listings. The market is currently a balanced market.
$361,450median sale price
Is Hernando a buyer's or seller's market?
Hernando, MS is currently a balanced market, based on 3.0 months of supply and homes selling in about 60 days. How we determine this →
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
Hernando, MS market data
| Metric | Value |
|---|---|
| Median sale price | $361,450 |
| Median list price | $348,400 |
| Year-over-year price change | +2.7% |
| Average days on market | 60 days |
| Active inventory | 77 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 98.9% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
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
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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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