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Monthly Market Update

Beth Scharwath
May 7 1 minutes read

Here’s a fresh take on the latest in the housing market, courtesy of Lance Lambert at Resi Club. As we stepped into spring, an intriguing trend emerged. Despite a challenging backdrop with mortgage rates still around 7% and more homes hitting the market, U.S. home prices showed unexpected resilience. According to the Case-Shiller National Home Price Index, prices nudged up by 0.6% from January to February 2024. This gentle increase suggests that the spring housing market might be heating up just a bit more than usual.   Housing stats below are from the HAAR MLS. 

April 2024 Market Update for Hattiesburg Area

320

New Listings

620

Active Listings

247

Under Contract

173

Closed Sales


Homes Sold

98.1%

Sale-to-List Price


 

$226,000

Median Sales Price

3.8

Months of Supply

26

Average Days on Market

125

Average Price per Square Foot

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