Southaven, MS Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Southaven, MS is $285,000, down 4.2% year-over-year. Homes sell in an average of 63 days with 140 active listings. The market is currently a balanced market.
$285,000median sale price
Is Southaven a buyer's or seller's market?
Southaven, MS is currently a balanced market, based on 3.8 months of supply and homes selling in about 63 days. How we determine this →
Homes sold
37
Last 12 weeks
Days on market
63
Average pace
Active listings
140
3.8 months supply
Sale-to-list
97.1%
Below asking
Southaven, MS market data
| Metric | Value |
|---|---|
| Median sale price | $285,000 |
| Median list price | $287,000 |
| Year-over-year price change | -4.2% |
| Average days on market | 63 days |
| Active inventory | 140 listings |
| Months of supply | 3.8 months |
| Sale-to-list price ratio | 97.1% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Southaven housing market is currently classified as a balanced market with a median sale price of $285,000. Prices have fallen 4.2% compared to last year, with homes spending an average of 63 days on market, indicating 3.8 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 Southaven
There are currently 140 homes listed for sale in Southaven, Mississippi. The median listing price is $287K.
Active listings
140
Homes on market
Median list price
$287K
Avg. days on market
63
Days until sale
New this week
54
Newly listed
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Frequently asked questions
What is the average home price in Southaven?
The median home sale price in Southaven is $285,000, down 4.2% from last year.
How long do homes stay on market in Southaven?
Homes typically spend 63 days on market before going under contract.
Is Southaven a buyer's or seller's market?
With 3.8 months of supply, Southaven is currently a balanced market.
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