Hattiesburg-area home prices rise 6.9% in March, with houses for sale in high demand

A normal Forrest County property detailed for $182,200 in March, up 6.9% from a thirty day period previously, an analysis of details from Real estate agent.com displays.

The median checklist house rate in March was up about 4.4% from March 2021. Forrest County’s median home was 2,055 square toes for a shown value of $104 for every square foot.

The Forrest County current market was occupied, with a median 33 times on marketplace. The industry additional 64 new property listings in March, compared with the 64 added in March 2021. The market finished the thirty day period with some 47 listings of homes for sale.

Details on your local housing market is readily available as a result of the United states Currently Network, with additional facts from Realtor.com.

Lamar County house prices rise 3.6% to $299,450

Lamar County’s household selling prices rose 3.6%, to a median $299,450, from a yr previously. The typical house was on the marketplace for 33 times, from 42 times a yr earlier. The usual 2,359-square-foot residence had a list selling price of $137 for each sq. foot.

Throughout metro Hattiesburg, median household costs rose to $257,500, up 1.4% from a month before. The median household had 2,147 sq. feet, at a list price tag of $117 per square foot.

Across all of Mississippi, median house selling prices were $244,500, growing 2.3% from a thirty day period earlier. The median Mississippi home for sale experienced 2,006 sq. feet at list value of $116 for each sq. foot.

Throughout the United States, median property selling prices had been $404,950, up 3.2% from a month earlier. The median American home for sale experienced 1,800 sq. toes, detailed at $214 for every square foot.

The median house list value — the halfway stage of all the residences or units outlined in excess of a period of time of time — is employed far more generally in this report as a substitute of the regular house listing selling price because experts say the median gives a far more exact see of what’s going on in a sector. In finding the average value, all costs of households shown are included and then divided by the selection of houses bought. This measure can be skewed by a single small or high cost.

The United states of america Today Network is publishing localized variations of this tale on its information websites across the state, produced with details from the Realtor.com household listings database. The story was composed by Mike Stucka and Sean Lahman.

This posting at first appeared on Hattiesburg American: Hattiesburg-area homes for sale rise to $182,200 median rate