A usual Hinds County dwelling detailed for $138,000 in April, down 16.4% from a thirty day period earlier, an investigation of facts from Real estate agent.com displays.
The median checklist home price tag in April was down about 25.8% from April 2021. Hinds County’s median house was 1,729 square feet for a detailed selling price of $91 per square foot.
The Hinds County marketplace was busy, with a median 35 days on market place. A thirty day period earlier, residences experienced a median 39 times on current market. The sector added 252 new home listings in April, in contrast with the 160 extra in April 2021. The current market ended the month with some 260 listings of residences for sale.
Details on your local housing marketplace is offered by means of the United states Right now Network, with a lot more information from Realtor.com.
What ended up Jackson-region household selling prices in April? Here is a county-by-county breakdown
Rankin County’s residence rates rose 6.6%, to a median $379,900, from a thirty day period previously. The usual home was on the sector for 36 days, from 23 times a month previously. The usual 2,250-square-foot dwelling had a record price tag of $169 for every square foot.
Madison County’s residence charges rose 4.4%, to a median $660,150, from a month earlier. The typical home was on the market place for 39 times, from 48 times a thirty day period earlier. The common 3,429-sq.-foot dwelling had a record price of $184 for every square foot.
Throughout metro Jackson, median dwelling rates fell to $304,999, down 2.5% from a month previously. The median household had 2,206 sq. ft, at a checklist value of $132 per square foot.
Throughout all of Mississippi, median property selling prices had been $258,000, soaring 5.5% from a month before. The median Mississippi dwelling for sale experienced 2,021 square ft at listing price tag of $120 for each square foot.
Throughout the United States, median home rates were $425,000, up 5% from a month previously. The median American property for sale experienced 1,821 sq. toes, stated at $220 for each sq. foot.
The median home listing price tag — the halfway level of all the houses or models outlined in excess of a interval of time — is utilised extra normally in this report in its place of the average property record cost simply because experts say the median offers a much more accurate see of what’s occurring in a sector. In getting the common rate, all charges of residences shown are included and then divided by the quantity of residences sold. This measure can be skewed by one very low or superior price.
The Usa Currently Network is publishing localized versions of this story on its information internet sites throughout the place, generated with details from the Realtor.com household listings database.. The story was prepared by Mike Stucka and Sean Lahman.