Average Time to Sell a House in Mississippi

By 

Clever Real Estate

Updated 

February 17th, 2020

SHARE

Getting ready to sell your Mississippi home? Here’s how long you can expect it to take — and some tips on how to speed things up (and still get a great price).

Updated February 17, 2020

  • In 2020, the average time it takes to sell a home in Mississippi — from listing through closing — is approximately 76 days. That’s 41 days to get an offer, plus the typical 35-day closing period.
  • Key factors that impact Mississippi home sale timelines include local market conditions (e.g., buyer demand, job market, rising home values, etc.), time of year, and your property’s type and condition.
  • Your agent’s listing strategy (pricing, marketing, networking, etc.) and the buyer’s financing situation — i.e., the amount of time it takes for them to secure loan approval — will also influence how long your sale ultimately takes.

Read on to learn more about how long it takes to sell a house in Mississippi — and get some pro tips on how to speed up your sale, get better offers, and save thousands in the process.

What’s the average time to sell a house in Mississippi?

  Average Time to Sell* Average Price**
National 80 days $307,750
State 76 $197,083

*Redfin Data Center (average of median days on market in 2019)
 **Redfin Data Center (average of median price in 2019)

The average time it takes to sell a house in Mississippi in 2020 is 76 days — 41 days to get an offer and an additional 35 days to close. This is approximately 5% faster than the national average. Keep in mind that these are annual averages and the numbers will vary by month and/or season.

Best time to sell a house in Mississippi

In addition to the average days on market and list price data, we’ve compiled data on the BEST (and worst) time to sell your Mississippi house based on what’s most important to you:

  • Fastest Time to Sell: When should you list your home if you’re looking to sell quickly?
  • Highest Sale Price: What month should you list in to get the best possible price for your home?

> Learn more about the best time to sell in Mississippi.

Best month to sell a house fast in Mississippi

  Month* Days on Market*
Best Month October 16 days
Worst Month April 60 days

*Redfin Data Center (median days on market by month in 2019)

The best month to sell a house fast in Mississippi is October. The median time it takes for Mississippi homes listed in October to get an offer is 16 days, which is 25 days faster than the annual average.

> Read our comprehensive guide on how to sell your house fast.

Best month to sell a house in Mississippi for price

  Month* Median Price*
Best Month April $239,000
Worst Month October $84,000

*Redfin Data Center (median sale price by month in 2019)

The best month to sell a house in Mississippi in terms of sale price is April. The median sale price in April is $239,000, which is 21.27% — or $41,917 — more than the annual average.

5 tips to get your Mississippi home sold

1. Competitive pricing

Pricing your home too high can turn off buyers while at the same time pricing your home too low could cause buyers to avoid your home thinking there’s something wrong with it. You can find the sweet spot by using a comparative market analysis (CMA).

A CMA will compare the prices of similar homes sold in your area and help you determine what the market price of your home should be.

Many times during a sellers market, like it is currently in Mississippi, real estate agents suggest listing your home at just under the market price in order to draw in more buyers.

As more buyers become interested, bidding wars occur, effectively driving up the value and sales price and ultimately, more often than not, your home will sell for more than your initial asking price.

2. Energy efficient

Mississippi is hot, especially in summer where temperatures can reach into the high 90s. Buyers will be more interested in homes with properly working HVAC systems.

And as more millennials enter the real estate market, sustainable energy sources can be a big draw. For instance, if you need to replace or fix your HVAC system, consider choosing a green alternative like thermally-driven air conditioning or a geothermal heat pump.

3. Single level layout

Mississippi has seen a large influx of retirees settling down in the state. And as the population ages, multi-level homes can pose a challenge for those who have more difficulty walking or climbing stairs.

If you have a multi-level home, consider turning one of the rooms on the main floor into the master bedroom as well as moving the washer and dryer to the main floor eliminating the necessity of climbing stairs too often.

4. Staging in the traditional style

Not only does staging help buyers to imagine themselves living in the home, but the data shows that buyers typically offer 1% to 5% more of the dollar value for staged homes.

So with the median Mississippi sales price at $184,900, at even 3% more, that means an additional $5,547 in your pocket because you staged your home.

When staging your home, also take into account that the most popular style in Mississippi is the traditional style. The traditional style features comfortable, functional, and casual pieces.

Most furniture will be classic with understated details—meaning you may want to put your bright fuschia, floral sofa into storage when showing your home.

5. Highlight the perks of your location

While you can’t control the location of your home, you can highlight the best features. For instance, if your home is located by noisy traffic, this may mean better access to highways and shorter commute times for buyers.

Additionally, make sure to mention if your home is within a good school district, if you’re close to public transportation, your neighborhood has a low crime rate, as well as if your home has great walkability — you can walk to the coffee shop or local grocery store.

Next steps for Mississippi home sellers

If you’re looking to sell your home fast in Mississippi and get a great price, Clever can help.

Clever negotiates reduced rates with top-rated real estate agents throughout Mississippi. Get full service and support for a flat $3,000 listing fee — or just 1% if your home sells for more than $350,000. You’ll still have to offer a buyer’s agent commission, per the standard rate in your area (typically 2.5-3%), but overall, you’ll still save up to 50% on standard commission fees.

> Learn more about low-commission real estate agents here.

Importantly, home sellers who list with Clever get their first qualified offer in an average of 13 days* — that’s 28 days faster than the average time to offer in Mississippi.

Sell your house fast and save thousands!

Work with a top local agent for a fraction of the typical cost.