Is Mendenhall a buyer's or seller's market right now?

Mendenhall is currently a seller's market with 2.5 months of supply. Homes are selling at 0% of list price. The Ridley Sell Score for Mendenhall is 50/100 (Moderate), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Mendenhall?

The median home price in Mendenhall is $172,300. The median price per square foot is $66. Homes sell in a median of 77 days with a sale-to-list ratio of 0%.

How much does it cost to sell a home in Mendenhall, Mississippi?

On a $172,300 home in Mendenhall, a traditional listing agent charges around $5,169 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $13,784 or more. With Ridley Essentials ($999) you save $4,170, and with Ridley Pro ($3,499) you save $1,670 while getting full agent support.

How does Ridley's flat fee compare to a traditional Mendenhall agent?

A traditional Mendenhall listing agent typically charges 3% of the sale price — about $5,169 on a $172,300 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $4,170–$1,670 compared to a traditional agent.

How long does it take to sell a home in Mendenhall?

The median home in Mendenhall currently spends 77 days on the market before going under contract. At a 0% sale-to-list ratio, sellers are seeing some negotiation. Only 60% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in Mississippi?

No. Mississippi does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $172,300 home, that could save you up to $1,670.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in Mississippi. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $5,169 commission.

National/Mississippi

Mendenhall, MS

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

The median home in Mendenhall sells for $172,300. The average seller pays $5,169 in commissions — Ridley’s flat fee saves you $1,670.

Mendenhall Real Estate Market Conditions — April 2026

50out of 100

Ridley Sell Score

How it's scored →

Moderate

50/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Mendenhall market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Watch for competing listings dropping prices — come in sharp from day one. Sellers who prepare well can still achieve strong results.

Inventory TightnessFavors sellers

2.5 months of supply — below the 5-month balanced threshold — 36% below the Mississippi average of 3.9.

Price MomentumNeutral

Prices flat 0% year-over-year — vs. +12.5% statewide.

Seller LeverageFavors sellers

Homes selling at 100% of asking — sellers are getting 0% above list on average. Mississippi average is 96.6%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the Mississippi average of 12.8%.

Sale SpeedNeutral

77 median days on market — 34 days faster than the Mississippi average.

Market UrgencyFavors buyers

0% of listings go pending within 2 weeks — vs. 14.6% statewide.

Price StabilityFavors buyers

60% of listings have dropped their price — accurate initial pricing is critical. Mississippi average is 20%.

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.

$172,300

Days on Market

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

Price per Sq Ft

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

$66

Sale-to-List Ratio

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

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.

2.5

Seller’s market

Competitiveness

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

Not Very Competitive

Price Drops

Percentage of active listings that had a price reduction.

60%

Price carefully

12-Month Price Trend

$191,000 → $172,300

▼9.8%

$190K$185K$180K$175K

MayJulSepNovJanMarApr

Data updated April 2026

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

Your savings

How much can you save selling your home in Mendenhall?

The average Mendenhall homeowner saves $1,670 by selling with Ridley instead of paying the traditional 3% listing commission on a $172,300 home.

$0Estimated savings

That covers your moving costs — save 1.0% of your home value

Your Mendenhall home value

$172,300

$50,000$10M

Traditional Agent (3%)

$5,169

Ridley Pro (flat fee)

$3,499

Ready to sell in Mendenhall?

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 Mendenhall?

The total cost to sell a house in Mendenhall in 2026 ranges from $999 with Ridley Essentials to approximately $5,169 with a traditional 3% commission on a $172,300 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$5,169	$3,499	$999	$0
Buyer agent	$4,8242.8% avg	$3,446~2% avg	$3,446~2% avg	$4,8242.8% avg
Closing costs (~1.5%)	$2,585	$2,585	$2,585	$2,585
Total cost	$12,578	$9,530	$7,030	$7,409
Net proceeds	$159,722	$162,770	$165,270	$164,891
You save	—	$3,048	$5,548	$5,169No support