Long Beach, MS Home Values & Market Trends

Real estate market trends reflect that there have been 291 transactions over the past year in Long Beach. The median value for residential home transactions that occurred over the previous year is $230,899.07. The number of current listings in Long Beach is 64, and the percentage of properties for sale in the city is 64.00%. Long Beach, MS currently has 4 properties in foreclosure, 1 bank owned properties, 3 properties headed for auction, and 64 properties for sale.

Long Beach, MS Real Estate Market Overview

ZipMedian Est. Value
39560

$ 249,900

$ 145/sqft

Housing Market Summary for Long Beach, MS

Feb 2023January 2024Change
Median Listing Price$299.9K$235K-21.66%
Median Sold Price$230.2K$235K2.09%
Homes For Sale465723.91%
Homes Sold159141-11.32%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Long Beach, MS

Long Beach home values range from $36,024 to $2,343,575. The median estimated value of a home in Long Beach is $230,899.07. The median list price of a home is 252,500, and the total count of properties in the city is 6,912.

Foreclosure
There is 1 zips within Long Beach, MS; within this zips, the median estimated home value for homes in foreclosure ranges from $393,309 in 39560 to the lowest value of $123,254 in 39560. Foreclosure homes account for 0.00% of properties in Long Beach, MS with 39560 containing 4 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Long Beach, MS with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Long Beach, MS; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Long Beach, MS ranges from the highest value of $259,014 in 39560 to the lowest value of $259,014 in 39560. Bank owned homes and properties account for 0.01% of properties in Long Beach, MS. There is 1 zips within Long Beach, MS; 39560 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    39560 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Long Beach, MS. Auction homes and other auction properties account for 0.04% of all properties in Long Beach, MS. There is 1 zips within Long Beach, MS; of that zips, the median estimated home value for homes going to auction ranges from $393,309 in 39560 to the lowest value of $123,254 in 39560.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.93% of residential properties in Long Beach, MS with 39560 containing 64 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Long Beach, MS; homes for sale in that zips, have a range of median values from $819,484 in 39560 to the lowest value of $81,107 in 39560.
    Sold Homes
    The median value for recently sold homes ranges from $651,639 in 39560 to the lowest price of $60,149 in 39560. There is 1 zips within Long Beach, MS. 39560 has 148 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.14% of properties in Long Beach, MS.

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      Guide for Long Beach, MS

      Beautiful house in the country
      Foreclosure
      The 5 Most Common Mistakes to Avoid When Buying a Foreclosed Home
      Market Reports
      Moderate Fluctuations but Steady Property Sales Mark Tulsa’s Real Estate Scene
      Market Reports
      The State of Washington DC’s Real Estate Market in 2023-2024
      House in safe neighborhood
      Bank Owned
      Pros and Cons of Investing in REO Properties
      See More Articles
      Beautiful house in the country
      The 5 Most Common Mistakes to Avoid When Buying a Foreclosed Home
      Foreclosure|posted 16 February 2024

      Buying foreclosure homes can be tricky – here are the most common pitfalls to avoid

      Moderate Fluctuations but Steady Property Sales Mark Tulsa’s Real Estate Scene
      Market Reports|posted 16 February 2024

      The Tulsa real estate market showcases modest fluctuations in property values, with notable seasonal influences. Sold price per square foot remains fairly stable, and neighboring cities generally exhibit higher property values. While factors like economic conditions and local developments play a role, understanding this market requires deeper investigation.

      The State of Washington DC’s Real Estate Market in 2023-2024
      Market Reports|posted 16 February 2024

      The Washington DC real estate market from 2023-2024 underwent alternating trends with volatility in average property values and prices per square foot. Yet, an ascending movement in average sold prices and average sold prices per square foot emerged, along with a steady rise in the sales count, indicating a thriving market scenario.

      House in safe neighborhood
      Pros and Cons of Investing in REO Properties
      Bank Owned|posted 15 February 2024

      Are REO homes the right investment for you?

      Recently Listed Homes Long Beach, MS

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