Ridgeland, MS

Buyer's market+12.8% YoY

Housing market overview · Updated weekly

$299,500median sale price

Homes sold

8

Last 12 weeks

Days on market

17

Fast-moving

Active listings

58

7.3 months supply

Sale-to-list

96.5%

Below asking

The Ridgeland housing market is currently classified as a buyer's market with a median sale price of $299,500. Prices have risen 12.8% compared to last year, with homes spending an average of 17 days on market, indicating 7.3 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 Ridgeland

There are currently 58 homes listed for sale in Ridgeland, Mississippi. The median listing price is $295K.

Active listings

58

Homes on market

Median list price

$295K

Avg. days on market

17

Days until sale

New this week

27

Newly listed

Price drops:24.1%of listings
Sale-to-list:96.5%

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Frequently asked questions

What is the average home price in Ridgeland?

The median home sale price in Ridgeland is $299,500, up 12.8% from last year.

How long do homes stay on market in Ridgeland?

Homes typically spend 17 days on market before going under contract.

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

With 7.3 months of supply, Ridgeland is currently a buyer's market.

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