Housing in Richland, MS

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$237,000

Median List Price

$231,800

Price Per Sq Ft

$141

Days on Market

65

Active Inventory

8

Months of Supply

1.6

Seller's market

Zillow Home Value

$214,206

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 17.9%List Price 4.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

20.0%

Off Market in 2 Weeks

16.7%

Sale-to-List Ratio

97.1%

Buyer's market

Sold Above Asking
20.0%
Under Contract in 2 Wks
16.7%
Listings with Price Drops
12.5%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

1

Pending Sales

6

Homes Sold 25.0%New Listings 0.0%Pending 50.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$141

Median List $/SF

$166

Sale $/SF 1.4%List $/SF 0.6%Mar 24Jan 26

Richland vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Richland is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$131,300

Median Rent

$1,146

Total Housing Units

3,128

Vacancy Rate

6.6%

Owner Occupied

74.3%

Renter Occupied

25.7%

Median Property Tax

$912

per year

Monthly Cost (w/ Mortgage)

$982

Housing Types

Single Family
58.1%
Multi-Family
13.3%
Mobile Home
28.6%

The current median sale price in Richland, MS is $237,000 according to Redfin data. Homes spend a median of 65 days on the market. 20.0% of homes sold above asking price. The market has 1.6 months of supply. The median price per square foot is $141. The median rent is $1,146 per month (Census ACS). About 74.3% of housing units are owner-occupied. The median year homes were built is 1993. There are 3,128 total housing units.