Housing Prices in Rankin County, MS
How much do homes in Rankin County, MS cost?
Median List Price
$275,000
$155/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Rankin County has remained the same since last year.
Summary: The median home list price in Rankin County was $275,000 in April 2024, the same as the previous year, and the median price per square foot was $155.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $240K | N/A |
| 2 Bedrooms | $165K | $189.9K | +15.1% |
| 3 Bedrooms | $240K | $247K | +3.0% |
| 4 Bedrooms | $379.9K | $379K | -0.2% |
| 5+ Bedrooms | $600K | $599.9K | 0% |
Summary: Rankin County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.1%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Counties
| Simpson County | $173.5K | $185K | +6.6% |
| Rankin County | $274.9K | $275K | 0.0% |
| Madison County | $366K | $360.2K | -1.6% |
| Hinds County | $169K | $150.1K | -11.2% |
Housing Supply in Rankin County, MS
How many homes are available in Rankin County, MS?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 717 | 777 | +8.4% |
Summary: The Rankin County real estate market had 777 homes for sale in April 2024, a 8.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 32 | 35 | +9.4% |
| 3 Bedrooms | 336 | 366 | +8.9% |
| 4 Bedrooms | 292 | 315 | +7.9% |
| 5+ Bedrooms | 57 | 61 | +7.0% |
Summary: The Rankin County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 7%.
Days on Market for Rankin County, MS
How long does it take to sell a home in Rankin County, MS?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 112 Days | 124 Days | +10.3% |
Summary: Homes in Rankin County had an average listing age of 124 days in Apr 2024, up by 10.3% compared to the previous year.
