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Condo Foreclosures in Richland, MS

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Richland, MS Foreclosures

How much do homes sell for in Richland, MS?
The average home price is currently $222,752.
What’s the average rental cost in Richland, MS?
The average rental price in Richland is $1,285.
What is the most expensive home in Richland?
The most expensive home sold in Richland had a price of $5,232,900.
What is currently the cheapest priced home in Richland, MS?
The cheapest home for sale in Richland is priced at $15,400.

Living in Richland, MS

Richland, Mississippi, is a welcoming city located just south of Jackson. Known for its small-town charm, Richland features a tight-knit community, affordable housing, and easy access to urban amenities. Residents enjoy a relaxed lifestyle with recreational activities available nearby, making it an attractive place for families and retirees alike.

Current Market Conditions in Richland, MS

Currently, the real estate market in Richland is showing promising signs of growth, with increasing demand for homes due to its affordable prices and convenient location. Many families are attracted to the area because of the excellent public school system and the community-oriented lifestyle. Investors are also taking note, as the city's low property taxes and variety of housing options encourage investment in residential developments.

As more people discover the charm of Richland, home values are gradually rising, leading to a competitive market. This is encouraging sellers to list their properties, but buyers may still find opportunities for good deals, especially on older homes that might need some renovation.

Home Value Estimator For Richland, MS

There are currently 2,016 real estate properties in Richland, MS, with a median automated valuation model (AVM) price of $211,924.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Richland, MS, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Richland, MS, is $222,752.00, with the most expensive house in Richland, MS, topping out at $5,232,900.00 and the cheapest home in Richland, MS, clocking in at $15,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Richland, MS!

Rent Prices In Richland, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Richland, MS, is on a rollercoaster ride. The average rent price in Richland, MS, is $1,285.00. Indeed, when looking to rent in Richland, MS, you can expect to pay as little as $610.00 or as much as $2,880.00, with the average rent median estimated to be $1,270.00. The good news is that finding an affordable and desirable property to rent in Richland, MS -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Richland, MS Condos


Market Trend for Richland, MS

Total Listings Available: 0

Market Values:

Home Prices from $15,400 to $5,232,900

Average Sales Price: $222,752

Rental Values:

Rental from $610 to $2,880

Average Rent Value: $1,285 / month

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