Ridgeland, MS
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
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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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