Richland, MS Home Values & Market Trends

Real estate market trends reflect that there have been 53 transactions over the past year in Richland. The median value for residential home transactions that occurred over the previous year is $200,502.5. The number of current listings in Richland is 13, and the percentage of properties for sale in the city is 13.00%. Richland, MS currently has 1 properties in foreclosure, 1 bank owned properties, 0 properties headed for auction, and 13 properties for sale.

Richland, MS Real Estate Market Overview

ZipMedian Est. Value
39218

$ 212,250

$ 116/sqft

Housing Market Summary for Richland, MS

Apr 2023March 2024Change
Median Listing Price$214.5K$212.8K-0.82%
Median Sold Price$195.5K$212.8K8.81%
Homes For Sale1414-
Homes Sold2523-8.00%
Price
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Homes For Sale
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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 Richland, MS

Richland home values range from $1,378 to $1,044,555. The median estimated value of a home in Richland is $200,502.5. The median list price of a home is 234,000, and the total count of properties in the city is 2,090.

Foreclosure
There is 1 zips within Richland, MS; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in 39218 to the lowest value of $0 in 39218. Foreclosure homes account for 0.00% of properties in Richland, MS with 39218 containing 1 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Richland, 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 Richland, 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 Richland, MS ranges from the highest value of $0 in 39218 to the lowest value of $0 in 39218. Bank owned homes and properties account for 0.05% of properties in Richland, MS. There is 1 zips within Richland, MS; 39218 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Richland, MS. Auction homes and other auction properties account for 0% of all properties in Richland, MS. There is 1 zips within Richland, MS; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.62% of residential properties in Richland, MS with 39218 containing 13 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Richland, MS; homes for sale in that zips, have a range of median values from $456,628 in 39218 to the lowest value of $65,354 in 39218.
    Sold Homes
    The median value for recently sold homes ranges from $446,304 in 39218 to the lowest price of $67,025 in 39218. There is 1 zips within Richland, MS. 39218 has 27 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.29% of properties in Richland, MS.

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      Guide for Richland, MS

      Market Reports
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      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
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      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
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      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
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      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.

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

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Recently Listed Homes Richland, MS

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