Rankin County Housing Market Report December 2024Rankin County, Mississippi

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Housing Prices in Rankin County, MS

How much do homes in Rankin County, MS cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$279,138$158/SqFt
+$9,357
+3.5%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Rankin County has increased by 3.5% since last year.

Summary: The median home list price in Rankin County was $279,138 in December 2024, up 3.5% from the previous year, and the median price per square foot was $158.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Scott County
+11.4%
Hinds County
+9.6%
Simpson County
+6.8%
Madison County
+4.3%
Rankin County
+3.5%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$240K$240K
0.0%
2$185K$189.9K
+2.7%
3$239.9K$254.5K
+6.1%
4$384.9K$379.7K
-1.4%
5$554.9K$547K
-1.4%

Summary: Rankin County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +2.7%. The home price for 3 bedroom homes increased by +6.1%. The home price for 4 bedroom homes decreased by -1.4%. The home price for 5 bedroom homes decreased by -1.4%.

Housing supply in Rankin County, MS

How many homes are available in Rankin County, MS?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
566Last MonthDec 2024
5792 months agoNov 2024
-2.2 %
Change MoMNov – Dec

Summary: The Rankin County real estate market had 566 homes for sale in Dec 2024, a 2.2 % decrease compared to Nov 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
100
0.0%
22123
+9.5%
3292292
0.0%
4235223
-5.1%
53128
-9.7%

Summary: Rankin County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +9.5%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -5.1%. The inventory for 5 bedroom homes decreased by -9.7%.

Days on Market for Rankin County, MS

How long does it take to sell a home in Rankin County, MS?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
100 DaysThis YearDec 2024
152 Days1 year agoDec 2023
-34.5 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Rankin County had an average listing age of 100 days in Dec 2024, down by 34.5% compared to the previous year.

Newest Listings in Rankin County, MS

What homes are available in Rankin County, MS?

MLS Disclaimers and Copyright

Based on information from MLS United, for the period 01/01/2023 - 01/01/2025

Information is deemed to be reliable but not guaranteed. Copyright 2025, MLS United, LLC.
Buyer and/or Buyer's Agent should verify data and evaluate source. This information is furnished by MLS United, LLC. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of MLS United, LLC. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Neither the MLS nor the Listing Broker will be held responsible for any typographical errors, misinformation and misprints and shall be held totally harmless. All properties are subject to prior sale, change or withdrawal.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.