MyMarketPulse (mymarketpulse.com) has unveiled its analysis for August 2024, focusing on the property market trends in Rankin County, Mississippi.
As of 8/2024, Rankin County had a Median Sale Price of $274,950, which was down 2.3% from the previous month and down 1.8% from the prior year.
A total of 148 homes were sold in the region, indicating a decrease of 6.9% from last month and a drop of 13.5% when compared with a year ago.
Furthermore, homes in Rankin County were on the market for an average of 19 days before selling, reflecting a decrease of 1 day days month-over-month and an increase of 3 days day year-over-year.
With a Market Pulse Score of 105, the analysis suggests a rising trend in Rankin County’s housing market momentum.
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.
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