Red Banks, MS

Seller's market

Housing market overview · Updated weekly

$297,500median sale price

Homes sold

2

Last 12 weeks

Days on market

65

Average pace

Active listings

1

0.5 months supply

Sale-to-list

100.0%

Above asking

The Red Banks housing market is currently classified as a seller's market with a median sale price of $297,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 65 days on market, indicating 0.5 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 Red Banks

There are currently 1 homes listed for sale in Red Banks, Mississippi. The median listing price is $299K.

Active listings

1

Homes on market

Median list price

$299K

Avg. days on market

65

Days until sale

New this week

1

Newly listed

Price drops:100.0%of listings
Sale-to-list:100.0%

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Frequently asked questions

What is the average home price in Red Banks?

The median home sale price in Red Banks is $297,500, down 0.0% from last year.

How long do homes stay on market in Red Banks?

Homes typically spend 65 days on market before going under contract.

Is Red Banks a buyer's or seller's market?

With 0.5 months of supply, Red Banks is currently a seller's market.

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