Senatobia, MS

Buyer's market-17.5% YoY

Housing market overview · Updated weekly

$207,500median sale price

Homes sold

4

Last 12 weeks

Days on market

118

Average pace

Active listings

27

6.8 months supply

Sale-to-list

92.2%

Below asking

The Senatobia housing market is currently classified as a buyer's market with a median sale price of $207,500. Prices have fallen 17.5% compared to last year, with homes spending an average of 118 days on market, indicating 6.8 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 Senatobia?

The median home sale price in Senatobia is $207,500, down 17.5% from last year.

How long do homes stay on market in Senatobia?

Homes typically spend 118 days on market before going under contract.

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

With 6.8 months of supply, Senatobia is currently a buyer's market.

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