Is Pearl River County, MS a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pearl River County is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Pearl River County has remained a Buyer's Market.

Key Takeaway

Pearl River County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Pearl River County, MS

How much do homes in Pearl River County, MS cost?

Median Sold Price

$487,000

$127/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$132,000(+37.2%)

Key Takeaway

Homes in Pearl River County have sold for 37.2% more than they did a month ago.

Summary: The median home sold price in Pearl River County was $487,000 in April 2024, up 37.2% from last month, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $355K-
N/A
4 --
N/A
5+ -$487K
N/A

Summary: Pearl River County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Pearl River County, MS

How many homes are available in Pearl River County, MS?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
165196+18.8%

Summary: The Pearl River County real estate market had 196 homes for sale in April 2024, a 18.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 77
0.0%
3 102117
+14.7%
4 3953
+35.9%
5+ 1517
+13.3%

Summary: The Pearl River 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 remained the same, 3 bedroom homes increased by 14.7%, 4 bedroom homes increased by 35.9%, and 5+ bedroom homes increased by 13.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
15150.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pearl River County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Pearl River County in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Pearl River County, MS

How long does it take to sell a home in Pearl River County, MS?

Average Sale Time

Mar 2024Apr 2024CHANGE
6 Days338 Days+5533.3%

Summary: Homes in Pearl River County had an average of 338 days on market in Apr 2024, up by 5533.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Pearl River County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 15 homes were sold in Pearl River County; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

Newest Listings in Pearl River County, MS

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