A typical Hinds County home listed for $138,000 in April, down 16.4% from a month earlier, an analysis of data from Realtor.com shows.
The median list home price in April was down about 25.8% from April 2021. Hinds County’s median home was 1,729 square feet for a listed price of $91 per square foot.
The Hinds County market was busy, with a median 35 days on market. A month earlier, homes had a median 39 days on market. The market added 252 new home listings in April, compared with the 160 added in April 2021. The market ended the month with some 260 listings of homes for sale.
Information on your local housing market is available through the USA TODAY Network, with more data from Realtor.com.
What were Jackson-area home prices in April? Here’s a county-by-county breakdown
Rankin County’s home prices rose 6.6%, to a median $379,900, from a month earlier. The typical house was on the market for 36 days, from 23 days a month earlier. The typical 2,250-square-foot house had a list price of $169 per square foot.
Madison County’s home prices rose 4.4%, to a median $660,150, from a month earlier. The typical house was on the market for 39 days, from 48 days a month earlier. The typical 3,429-square-foot house had a list price of $184 per square foot.
Across metro Jackson, median home prices fell to $304,999, down 2.5% from a month earlier. The median home had 2,206 square feet, at a list price of $132 per square foot.
Across all of Mississippi, median home prices were $258,000, rising 5.5% from a month earlier. The median Mississippi home for sale had 2,021 square feet at list price of $120 per square foot.
Across the United States, median home prices were $425,000, up 5% from a month earlier. The median American home for sale had 1,821 square feet, listed at $220 per square foot.
The median home list price — the midway point of all the houses or units listed over a period of time — is used more often in this report instead of the average home list price because experts say the median offers a more accurate view of what’s happening in a market. In finding the average price, all prices of homes listed are added and then divided by the number of homes sold. This measure can be skewed by one low or high price.
The USA TODAY Network is publishing 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.
