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A typical Hinds County house listed for $138,000 in April, down 16.4% from a month earlier, an evaluation of knowledge from Realtor.com exhibits.
The median record house value in April was down about 25.8% from April 2021. Hinds County’s median house was 1,729 sq. toes for a listed value of $91 per sq. foot.
The Hinds County market was busy, with a median 35 days on market. A month earlier, properties had a median 39 days on market. The market added 252 new house listings in April, in contrast with the 160 added in April 2021. The market ended the month with some 260 listings of properties on the market.
Info in your native housing market is obtainable by means of the USA TODAY Community, with extra knowledge from Realtor.com.
What have been Jackson-area house costs in April? Here is a county-by-county breakdown
Rankin County’s house costs rose 6.6%, to a median $379,900, from a month earlier. The standard home was available on the market for 36 days, from 23 days a month earlier. The standard 2,250-square-foot home had a listing value of $169 per sq. foot.
Madison County’s house costs rose 4.4%, to a median $660,150, from a month earlier. The standard home was available on the market for 39 days, from 48 days a month earlier. The standard 3,429-square-foot home had a listing value of $184 per sq. foot.
Throughout metro Jackson, median house costs fell to $304,999, down 2.5% from a month earlier. The median house had 2,206 sq. toes, at a listing value of $132 per sq. foot.
Throughout all of Mississippi, median house costs have been $258,000, rising 5.5% from a month earlier. The median Mississippi house on the market had 2,021 sq. toes at record value of $120 per sq. foot.
Throughout the US, median house costs have been $425,000, up 5% from a month earlier. The median American house on the market had 1,821 sq. toes, listed at $220 per sq. foot.
The median house record value — the halfway level of all the homes or models listed over a time period — is used extra typically on this report as a substitute of the typical house record value as a result of consultants say the median gives a extra correct view of what is occurring in a market. Find the typical value, all costs of properties listed are added after which divided by the variety of properties offered. This measure could be skewed by one low or excessive value.
The USA TODAY Community is publishing localized variations of this story on its information websites throughout the nation, generated with knowledge from the Realtor.com residential listings database.. The story was written by Mike Stucka and Sean Lahman.
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