The Great Southern housing market is not very competitive. The median sale price of a home in Great Southern was $263K last month, down 19.0% since last year. The median sale price per square foot in Great Southern is $166, down 8.8% since last year.
What is the housing market like in Great Southern today?
In March 2024, Great Southern home prices were down 19.0% compared to last year, selling for a median price of $263K. On average, homes in Great Southern sell after 117 days on the market compared to 36 days last year. There were 14 homes sold in March this year, up from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$263,250
-19.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Great Southern, MS
$263,250
-19.0%
United States
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How hot is the Great Southern housing market?
Great Southern is not very competitive. Homes sell in 97 days.
0
100
7
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Multiple offers are rare.
The average homes sell for about 6% below list price and go pending in around 97 days.
Hot homes
can sell for about 3% below list price and go pending in around 52 days.
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 Great Southern housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Great Southern.
Risk Factor
Flood Factor - Major
92% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Great Southern has a major risk of flooding. 103 properties in Great Southern are likely to be
severely affected
by flooding over the next 30 years. This represents 92% of all properties in Great Southern. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Great Southern has a minor risk of wildfire. There are 1 properties in Great Southern that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Great Southern.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Great Southern has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Great Southern is most at risk from hurricanes. 374 properties in Great Southern have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 177 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 187 mph.