Ridgeland, MS Home Values & Market Trends
Real estate market trends reflect that there have been 258 transactions over the past year in Ridgeland. The median value for residential home transactions that occurred over the previous year is $251,256.43. The number of current listings in Ridgeland is 77, and the percentage of properties for sale in the city is 77.00%. Ridgeland, MS currently has 8 properties in foreclosure, 1 bank owned properties, 7 properties headed for auction, and 77 properties for sale.
Ridgeland, MS Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 39157 | $ 350,463 $ 132/sqft |
Housing Market Summary for Ridgeland, MS
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $317.5K | $248.6K | -21.70% |
| Median Sold Price | $237.1K | $248.6K | 4.85% |
| Homes For Sale | 62 | 77 | 24.19% |
| Homes Sold | 131 | 157 | 19.85% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Ridgeland, MS
Browse Homes in Ridgeland, MS
Ridgeland home values range from $27,537 to $12,204,282. The median estimated value of a home in Ridgeland is $251,256.43. The median list price of a home is 338,000, and the total count of properties in the city is 6,492.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Ridgeland, 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 Ridgeland, 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 OwnedThe median estimated home value of bank owned homes (REO properties) in Ridgeland, MS ranges from the highest value of $94,900 in 39157 to the lowest value of $94,900 in 39157. Bank owned homes and properties account for 0.02% of properties in Ridgeland, MS. There is 1 zips within Ridgeland, MS; 39157 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions39157 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of Ridgeland, MS. Auction homes and other auction properties account for 0.11% of all properties in Ridgeland, MS. There is 1 zips within Ridgeland, MS; of that zips, the median estimated home value for homes going to auction ranges from $337,393 in 39157 to the lowest value of $184,553 in 39157.
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More Real Estate Resources for Ridgeland, MS
Guide for Ridgeland, MS
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