Richland, MS

Buyer's market-2.1% YoY

Housing market overview · Updated weekly

$210,000median sale price

Homes sold

1

Last 12 weeks

Days on market

128

Average pace

Active listings

9

9.0 months supply

Sale-to-list

97.7%

Below asking

The Richland housing market is currently classified as a buyer's market with a median sale price of $210,000. Prices have fallen 2.1% compared to last year, with homes spending an average of 128 days on market, indicating 9.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Richland

There are currently 9 homes listed for sale in Richland, Mississippi. The median listing price is $268K.

Active listings

9

Homes on market

Median list price

$268K

Avg. days on market

128

Days until sale

New this week

5

Newly listed

Price drops:11.1%of listings
Sale-to-list:97.7%

Explore nearby cities in MS

Frequently asked questions

What is the average home price in Richland?

The median home sale price in Richland is $210,000, down 2.1% from last year.

How long do homes stay on market in Richland?

Homes typically spend 128 days on market before going under contract.

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

With 9.0 months of supply, Richland is currently a buyer's market.

Get Richland market alerts

Weekly updates on prices, inventory, and trends. Free forever.