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Featured local agent — Ridgeland, MS
Sarah Mitchell
Compass Real Estate · Ridgeland, MS
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Ridgeland, MS Housing Market & Real Estate
Housing market overview · Updated monthly ·
$401,000median sale price
How is the Ridgeland, MS housing market right now?
The median home sale price in Ridgeland, MS is $401,000, up 28.3% year-over-year. Homes sell in an average of 61 days with 56 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Ridgeland a buyer's or seller's market?
Ridgeland, MS is currently a buyer's market, based on 5.6 months of supply and homes selling in about 61 days. How we determine this →
Homes sold
10
Last 12 weeks
Days on market
61
Average pace
Active listings
56
5.6 months supply
Sale-to-list
95.8%
Below asking
What does the Ridgeland housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $401,000 |
| Median list price | $346,750 |
| Year-over-year price change | +28.3% |
| Average days on market | 61 days |
| Active inventory | 56 listings |
| Months of supply | 5.6 months |
| Sale-to-list price ratio | 95.8% |
| Median price per sq ft | $159/sq ft |
| Homes sold (latest month) | 10 |
| New listings (latest month) | 24 |
| Listings with a price cut | 44.6% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Ridgeland by property type?
How the Ridgeland, MS market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $401,000 | $159/sq ft | 10 | 61 days |
| Condo / Co-op | $236,000 | $183/sq ft | 2 | 65 days |
| Townhouse | $230,000 | $158/sq ft | 1 | 12 days |
Source: Redfin · Updated monthly
The Ridgeland housing market is currently classified as a buyer's market with a median sale price of $401,000. Prices have risen 28.3% compared to last year, with homes spending an average of 61 days on market, indicating 5.6 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 4.5x provides context for how home values compare to local earning capacity.
Homes for sale in Ridgeland
There are currently 56 homes listed for sale in Ridgeland, Mississippi. The median listing price is $347K.
Active listings
56
Homes on market
Median list price
$347K
Avg. days on market
61
Days until sale
New this week
24
Newly listed
Who lives in Ridgeland?
Population
24,548
Median income
$63,470/yr
Median age
35.5 years
Owner-occupied
47.8%
College grads
50.4%
Avg commute
20.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Ridgeland?
Zillow home value
$287,280
Zillow rent index
$1,451/mo
Price-to-rent ratio
16.5x
Price-to-income
4.5x
Source: Zillow Research
What is it like to live in Ridgeland?
Ridgeland is a community of approximately 25K residents with a median age of 35.5 years.The median household income is $63,470, which represents a working-class community with solid middle-income opportunities. 50.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 47.8%, showing a blend of owner and renter-occupied properties. The average commute time is 20.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Ridgeland offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Ridgeland?
5 schools tracked · 3,069 students
The largest public schools serving Ridgeland, MS by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
RIDGELAND HIGH SCHOOL
Grades 9-12 · 1,000 students
ANN SMITH ELEMENTARY
Grades PK-2 · 737 students
OLD TOWN MIDDLE
Grades 6-8 · 686 students
HIGHLAND ELEMENTARY
Grades 3-5 · 596 students
MADISON CO PRE SCHOOL
Grade range n/a · 50 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Ridgeland, MS?
Want a head-to-head view? Compare Ridgeland side-by-side with any other U.S. city using our market-comparison tool.
Is Ridgeland a good real estate investment market?
For investors evaluating Ridgeland, the price-to-rent ratio of 16.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 28.3% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Ridgeland's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Ridgeland's median home price.
Frequently asked questions
What is the average home price in Ridgeland?
The median home sale price in Ridgeland is $401,000, up 28.3% from last year.
How long do homes stay on market in Ridgeland?
Homes typically spend 61 days on market before going under contract.
What is the median income in Ridgeland?
The median household income is $63,470 per year.
Is Ridgeland a buyer's or seller's market?
With 5.6 months of supply, Ridgeland is currently a buyer's market.
What is the Zillow home value estimate for Ridgeland?
The Zillow Home Value Index (ZHVI) for Ridgeland is $287,280, representing the typical home value in the area.
What is the median condo price in Ridgeland?
The median condo/co-op sale price in Ridgeland, MS is $236,000, compared to $401,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Ridgeland?
The median single-family home price in Ridgeland, MS is $401,000 (about $159 per square foot).
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