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

The Forrest County market was busy, with a median 33 days on market in March.

The Forrest County sector was active, with a median 33 times on market place in March.

A normal Forrest County residence listed for $182,200 in March, up 6.9% from a thirty day period previously, an investigation of facts from Real estate agent.com shows.

The median listing home price tag in March was up about 4.4% from March 2021. Forrest County’s median property was 2,055 square ft for a detailed selling price of $104 for every sq. foot.

The Forrest County industry was occupied, with a median 33 times on market place. The current market added 64 new household listings in March, as opposed with the 64 extra in March 2021. The market finished the month with some 47 listings of residences for sale.

Information on your neighborhood housing sector is readily available by the United states of america These days Network, with additional knowledge from Realtor.com.

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

Lamar County’s property price ranges rose 3.6%, to a median $299,450, from a 12 months before. The normal residence was on the market place for 33 days, from 42 times a yr before. The normal 2,359-sq.-foot property experienced a list price of $137 for every sq. foot.

Throughout metro Hattiesburg, median home rates rose to $257,500, up 1.4% from a thirty day period earlier. The median dwelling had 2,147 square toes, at a list rate of $117 for every square foot.

Across all of Mississippi, median dwelling price ranges were being $244,500, increasing 2.3% from a month before. The median Mississippi home for sale experienced 2,006 square toes at listing selling price of $116 for every sq. foot.

Throughout the United States, median dwelling price ranges have been $404,950, up 3.2% from a thirty day period before. The median American residence for sale experienced 1,800 square feet, stated at $214 for every sq. foot.

The median residence checklist cost — the midway point of all the homes or units outlined around a period of time — is employed far more generally in this report as an alternative of the regular dwelling record price because gurus say the median presents a extra precise look at of what is actually taking place in a sector. In finding the ordinary selling price, all price ranges of properties outlined are additional and then divided by the variety of properties bought. This evaluate can be skewed by 1 very low or substantial selling price.

The Usa Today Network is publishing localized variations of this story on its news sites throughout the country, produced with information from the Realtor.com household listings databases. The tale was published by Mike Stucka and Sean Lahman.

This post at first appeared on Hattiesburg American: Hattiesburg-space houses for sale increase to $182,200 median price