Richland, MS Housing Market

Homes for sale

The Richland housing market is very competitive. The median sale price of a home in Richland was $240K last month, up 37.9% since last year. The median sale price per square foot in Richland is $130, down 7.1% since last year.

Trends
Demand
Migration
Schools
Climate

Richland Housing Market Trends

What is the housing market like in Richland today?

In January 2025, Richland home prices were up 37.9% compared to last year, selling for a median price of $240K.

$183K

Sale Price

+4.9%
since last year

$130

Sale $/Sq. Ft.

-7.1%
since last year

Under List Price

2.4%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Richland and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Richland add value to a home.

How hot is the Richland housing market?

Richland is very competitive. Homes sell in 20 days.

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 20 days.
Hot homes
can sell for around list price and go pending in around 9 days.

Compare With Nearby Cities

Jackson

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 8% below list price and go pending in around 66 days.
Hot homes
can sell for around list price and go pending in around 23 days.

Brandon

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 33 days.
Hot homes
can sell for around list price and go pending in around 11 days.

See more nearby cities and neighborhoods

Richland Migration & Relocation Trends

In Nov '24 - Jan '25, 52% of Richland homebuyers searched to move out of Richland, while 48% looked to stay within the metropolitan area.

Where are people moving to Richland from?

Across the nation, 0.08% of homebuyers searched to move into Richland from outside metros.
Atlanta homebuyers searched to move into Richland more than any other metro followed by Washington and Hattiesburg.

Where are people from Richland moving to?

48% of Richland homebuyers searched to stay within the Richland metropolitan area.
Memphis was the most popular destination among Richland homebuyers followed by Houston and Mobile.

Number of People Moving to Richland

least

most

People are moving to Richland from

Inbound		Net inflow
Metros		Nov '24 - Jan '25
1	Atlanta, GA	62
2	Washington, DC	49
3	Hattiesburg, MS	40
4	Chicago, IL	37
5	New Orleans, LA	33
6	Los Angeles, CA	30
7	Dallas, TX	29
8	Seattle, WA	24
9	New York, NY	22
10	San Francisco, CA	20

People are leaving Richland for

Outbound		Net outflow
Metros		Nov '24 - Jan '25
1	Memphis, TN	173
2	Houston, TX	32
3	Mobile, AL	11
4	Gulfport, MS	10
5	Destin, FL	6
6	Huntsville, AL	5
7	Boston, MA	3
8	Oxford, MS	2
9	Charleston, SC	2
10	Chattanooga, TN	1

Methodology

This data does not reflect actual moves. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.

Schools in Richland

Learn about schools in the Richland area

Elementary
Middle
High

GreatSchools Rating

NR Richland Upper Elementary School Public • 3-6	527 Students	5 reviews
NR Richland Elementary School Public • PreK-2	393 Students	1 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Richland housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Richland.

Wind Factor - Severe

99% of properties are at severe risk of a severe wind event over the next 30 years

Heat Factor - Severe

98% of properties are at severe risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Richland

New Listings in Richland

Neighborhood Housing Markets

South Jackson Housing Market

Zip Code Housing Markets

Nearby City Housing Markets

Neighborhood Listings

South Jackson Real Estate

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