Raleigh, MS Home Values & Market Trends

Real estate market trends reflect that there have been 18 transactions over the past year in Raleigh. The median value for residential home transactions that occurred over the previous year is $136,120.53. The number of current listings in Raleigh is 5, and the percentage of properties for sale in the city is 5.00%. Raleigh, MS currently has 2 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 5 properties for sale.

Raleigh, MS Real Estate Market Overview

ZipMedian Est. Value
39153

$ 258,062

$ 80/sqft

Housing Market Summary for Raleigh, MS

Apr 2023March 2024Change
Median Listing Price$185K$248.5K34.35%
Median Sold Price$0$248.5K-
Homes For Sale3433.33%
Homes Sold4525.00%
Price
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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 Raleigh, MS

Raleigh home values range from $29,430 to $2,140,609. The median estimated value of a home in Raleigh is $136,120.53. The median list price of a home is 270,000, and the total count of properties in the city is 1,345.

Foreclosure
There is 1 zips within Raleigh, MS; within this zips, the median estimated home value for homes in foreclosure ranges from $247,839 in 39153 to the lowest value of $105,628 in 39153. Foreclosure homes account for 0.00% of properties in Raleigh, MS with 39153 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Raleigh, 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 Raleigh, 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 Raleigh, MS ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Raleigh, MS. There is 1 zips within Raleigh, MS; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    39153 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Raleigh, MS. Auction homes and other auction properties account for 0.15% of all properties in Raleigh, MS. There is 1 zips within Raleigh, MS; of that zips, the median estimated home value for homes going to auction ranges from $247,839 in 39153 to the lowest value of $105,628 in 39153.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.37% of residential properties in Raleigh, MS with 39153 containing 5 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Raleigh, MS; homes for sale in that zips, have a range of median values from $373,994 in 39153 to the lowest value of $170,100 in 39153.
    Sold Homes
    The median value for recently sold homes ranges from $1,150,298 in 39153 to the lowest price of $87,919 in 39153. There is 1 zips within Raleigh, MS. 39153 has 6 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0.45% of properties in Raleigh, MS.

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      Guide for Raleigh, MS

      Buy to Rent
      Raleigh Real Estate Grows in 2023: Overview and Comparison to Neighboring Markets
      Market Reports
      Rising Real Estate: Biloxi Property Value Appreciates Amidst Market Fluctuations
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      See More Articles
      Raleigh Real Estate Grows in 2023: Overview and Comparison to Neighboring Markets
      Buy to Rent|posted 6 February 2024

      Raleigh’s real estate market in 2023 displays robust growth with increased average property values and sold prices. However, contrasting trends in neighboring cities such as Zebulon, Youngsville, Wilson, and Yanceyville underline the need for thorough market understanding for real estate investments.

      Rising Real Estate: Biloxi Property Value Appreciates Amidst Market Fluctuations
      Market Reports|posted 9 April 2024

      Biloxi’s real estate market shows dynamic growth and consumer confidence, with property values rising from $271,000 to $290,000 within a year, despite some price fluctuations.

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Recently Listed Homes Raleigh, MS

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