A typical Hinds County home is listed at $138,000 in April, down 16.4% from the previous month, according to an analysis of Realtor.com data.
The median home price in April was down about 25.8% from April 2021. The median home in Hinds County was 1,729 square feet with a list price of $91 per square foot.
The Hinds County market was busy, with a median of 35 days on the market. A month earlier, homes had a median of 39 days on the market. The market added 252 new home listings in April, compared to 160 in April 2021. The market ended the month with some 260 home listings for sale.
Information about your local housing market is available through the USA TODAY Network, with more data from Realtor.com.
What were home prices in the Jackson area in April? Here is a county by county breakdown
Rankin County home prices rose 6.6%, to a median value of $379,900, from the previous month. The typical home was on the market for 36 days, down from 23 days a month earlier. The typical 2,250 square foot home had a list price of $169 per square foot.
Madison County home prices rose 4.4%, to a median of $660,150, from the previous month. The typical home was on the market for 39 days, down from 48 days a month earlier. The typical 3,429 square foot home had a list price of $184 per square foot.
In the Jackson metropolitan area, median home prices fell to $304,999, down 2.5% from the previous month. The median home was 2,206 square feet, with a list price of $132 per square foot.
Across Mississippi, median home prices were $258,000, up 5.5% from the previous month. The median Mississippi home for sale had 2,021 square feet at a list price of $120 per square foot.
In the United States, median home prices were $425,000, up 5% from the previous month. The median US home for sale had 1,821 square feet, listed at $220 per square foot.
Median home list price – the midpoint of all homes or units listed over a given time period – is used more often in this report instead of average home list price, as experts say the median provides a more accurate view. of what is happening in a market. To find the average price, all listed home prices are added together and then divided by the number of homes sold. This measure can be distorted by a low or high price.
The USA TODAY Network publishes localized versions of this story on its news sites across the country, generated with data from the Realtor.com residential listings database. The story was written by Mike Stucka and Sean Lahman.