Latimer, MS

Is Now a Good Time to Sell in Latimer, Mississippi?

The median home in Latimer sells for $364,400 with prices up 39.4% year-over-year. The average seller pays $10,932 in commissions — Ridleys flat fee saves you $7,433.

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Latimer Real Estate Market Conditions — March 2026

56out of 100

Ridley Sell Score

How it's scored →

Moderate

56/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Latimer market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Don't count on bidding wars — price to attract offers rather than leave room for negotiation. Sellers who prepare well can still achieve strong results.

Inventory TightnessFavors sellers

1.5 months of supply — well below the 5-month balanced threshold — 71% below the Mississippi average of 5.1.

Price MomentumFavors sellers

Prices up 39.4% year-over-year — vs. +11.5% statewide.

Seller LeverageNeutral

Homes selling at 97.4% of asking — buyers are negotiating 2.6% below list. Mississippi average is 96.7%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the Mississippi average of 9.9%.

Sale SpeedFavors sellers

33 median days on market — 41 days faster than the Mississippi average.

Market UrgencyFavors buyers

12.5% of listings go pending within 2 weeks — vs. 19.7% statewide.

Price StabilityFavors buyers

33.3% of listings have dropped their price — accurate initial pricing is critical. Mississippi average is 25%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$364,400

+39.4%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

33

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$158

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

97.4%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

1.5

Seller’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.
Somewhat Competitive

Price Drops

Percentage of active listings that had a price reduction.

33.3%

Pricing matters

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

12.5%

Slower pace

12-Month Price Trend

$319,230$364,400

14.1%
$400K$300K$200K
AprJunAugOctDecFebMar

Data updated March 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Latimer — delivered monthly.

Your savings

How much can you save selling your home in Latimer?

The average Latimer homeowner saves $7,433 by selling with Ridley instead of paying the traditional 3% listing commission on a $364,400 home.

$0Estimated savings

That's 6 months of groceries — save 2.0% of your home value

$364,400

$50,000$10M

Traditional Agent (3%)

$10,932

Ridley Pro (flat fee)

$3,499

Ready to sell in Latimer?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

How much does it cost to sell a house in Latimer?

The total cost to sell a house in Latimer in 2026 ranges from $999 with Ridley Essentials to approximately $10,932 with a traditional 3% commission on a $364,400 home.

Traditional AgentBest valueRidley ProRidley EssentialsFSBO
Listing fee$10,932$3,499$999$0
Buyer agent$10,2032.8% avg$7,288~2% avg$7,288~2% avg$10,2032.8% avg
Closing costs (~1.5%)$5,466$5,466$5,466$5,466
Total cost$26,601$16,253$13,753$15,669
Net proceeds$337,799$348,147$350,647$348,731
You save$7,433$9,933$10,932No support

Based on the Latimer median home price of $364,400. Buyer agent commission and closing costs are estimated and may vary.

How to sell your house and save on commission in Latimer

A flat fee of $3,499 instead of the typical $10,932 commission — with a dedicated agent at every step.

1

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Latimer market data so you list at the right price.

2

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

3

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Latimer buyers look — plus a custom Ridley listing page with AI chat.

4

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

5

Close and keep $7,433 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

FAQ

Common questions about selling in Latimer.

Ready to sell in Latimer?

Save $7,433

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Explore neighborhoods

Latimer Neighborhoods

Neighborhood-level market data for 1 areas in Latimer.