Is Ridgeland, MS 39157 a buyer’s or seller’s market?
Ridgeland is a seller’s market. With about 2.9 months of supply and 15% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 39% of U.S. ZIP codes, and #19 of 89 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Ridgeland housing market right now
In the three months ending August 31, 2026, 15% of homes in Ridgeland, MS 39157 sold above their list price, the typical home went under contract in 30 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 71 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold more slowly (18 days then) and the median sale price rose 25% to $349,849. Overall, Ridgeland is less competitive than a year ago, which gives buyers more room.
On our competition score, Ridgeland ranks #19 of 89 MS ZIP codes with enough sales (score 40 out of 100).
Nearby, buyers who want less competition could look at Flora 39071 (0% sold over asking) or Madison 39110 (12% sold over asking).
Run the numbers for 39157
Nearby markets
Camden 39045 — /sq ftCanton 39046Balanced $177 /sq ftFlora 39071Seller’s market $215 /sq ftMadison 39110Seller’s market $180 /sq ft Browse all markets →Towns like Ridgeland nearby
Find towns like Ridgeland in other states →Where Ridgeland is
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Questions about Ridgeland real estate
Is Ridgeland a buyer’s or seller’s market?
A seller’s market: there were 2.9 months of supply in Ridgeland, MS 39157 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Ridgeland?
The typical home went under contract in 30 days in the latest three months.
Do homes in Ridgeland sell over asking?
15% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.
What are property taxes in Ridgeland?
About 0.68% of a home’s value a year in Madison County, or roughly $2,720 on a $400,000 home.
What is the median home price in Ridgeland?
The median sale price was $349,849 in the three months ending August 31, 2026, about $158 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology