In its February 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Rankin County, Mississippi.
The report shows that the Median Sale Price in Rankin County reached $260,950 as of February 2024, marking a decrease of 3.80% over the previous month and a 2.60% drop compared to a year ago.
During this period, 152 homes were sold in the area, reflecting an increase 46.20% compared to the month beforeand and an increase of 31.00% from the same month in the previous year.
Additionally, the Median Days on Market for listings was observed at 51 day, unchanged compared to the previous month and longer by 25 days from last year.
Currently, with a Market Pulse Score of 93, Rankin County’s real estate market appears to be experiencing a downtrend.
For more information about the Rankin County, Mississippi market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
MyMarketPulse – Know What the Pros Know