Home property values are on the rise while condo property values have slightly fallen.
The following market comparison report is a property statistics analysis for Lafayette County. It covers the periods of January through August for 2017 and 2018. The residential market data covers all forms of residential real estate such as single-family homes, multi-family, and townhouses. Due to the number of condo/townhouse sales, statistics are likely skewed to this property type. Likewise, the residential market sales are requiring a trained professional to assess their true value.
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This information is provided by the Multiple Listing Service (MLS) of the North Central Mississippi Board of Realtors (NCMBR). While the data is deemed reliable, the information is not guaranteed. For ease of viewing, the report is divided into section for county properties, city properties, and townhouse/condo properties in each respective location.
Lafayette County:
| Jan – August 2017 | LOW | HIGH | AVERAGE | MEDIAN | TOTAL | # PROPERTIES SOLD |
| List Price | $21,000 | $2,190,000 | $281,830 | $239,700 | $111,041,069 | 394 |
| Selling Price | $11,000 | $2,190,000 | $272,569 | $234,125 | $107,392,290 | |
| Days on Market | 1 | 836 | 121 | 90 | — | |
| Jan – August 2018 | LOW | HIGH | AVERAGE | MEDIAN | TOTAL | # PROPERTIES SOLD |
| List Price | $28,000 | $1,749,900 | $301,438 | $259,900 | $119,067,856 | 395 |
| Selling Price | $23,000 | $1,725,000 | $295,448 | $255,000 | $116,702,052 | |
| Days on Market | 1 | 522 | 134 | 95 | — |
Laf. Co. inside Oxford city limits:
| Jan – August 2017 | LOW | HIGH | AVERAGE | MEDIAN | TOTAL | # PROPERTIES SOLD |
| List Price | $31,500 | $2,190,000 | $289,022 | $244,500 | $106,937,969 | 370 |
| Selling Price | $31,500 | $2,190,000 | $279,400 | $238,750 | $103,377,890 | |
| Days on Market | 1 | 836 | 122 | 91 | — | |
| Jan – August 2018 | LOW | HIGH | AVERAGE | MEDIAN | TOTAL | # PROPERTIES SOLD |
| List Price | $78,900 | $1,749,900 | $305,360 | $264,900 | $116,647,50 | 382 |
| Selling Price | $62,500 | $1,725,000 | $299,397 | $260,000 | $114,369,652 | |
| Days on Market | 1 | 522 | 133 | 95 | — |
Lafayette Co. Townhouse/Condo:
| Jan – August 2017 | LOW | HIGH | AVERAGE | MEDIAN | TOTAL | # PROPERTIES SOLD |
| List Price | $84,500 | $999,000 | $241,479 | $218,250 | $67,131,143 | 278 |
| Selling Price | $83,900 | $975,000 | $238,326 | $205,000 | $66,254,758 | |
| Days on Market | 17 | 457 | 143 | 121 | — | |
| Jan – August 2018 | LOW | HIGH | AVERAGE | MEDIAN | TOTAL | # PROPERTIES SOLD |
| List Price | $89,500 | $999,999 | $230,540 | $198,915 | $59,709,914 | 259 |
| Selling Price | $84,000 | $985,000 | $227,735 | $198,915 | $58,983,373 | |
| Days on Market | 14 | 1,144 | 151 | 121 | — |
Lafayette Co. Townhouse/Condo inside Oxford city limits:
| Jan – August 2017 | LOW | HIGH | AVERAGE | MEDIAN | TOTAL | # PROPERTIES SOLD |
| List Price | $84,500 | $999,000 | $241,479 | $218,250 | $67,131,143 | 278 |
| Selling Price | $83,900 | $975,000 | $238,326 | $205,000 | $66,254,758 | |
| Days on Market | 17 | 457 | 143 | 121 | — | |
| Jan – August 2018 | LOW | HIGH | AVERAGE | MEDIAN | TOTAL | # PROPERTIES SOLD |
| List Price | $89,500 | $999,999 | $230,540 | $198,915 | $59,709,914 | 259 |
| Selling Price | $8,400 | $985,000 | $227,735 | $198,915 | $58,983,373 | |
| Days on Market | 14 | 1,144 | 151 | 121 | — |
Refer to this link for the Lafayette County and Oxford, MS residential market sales for January – August 2016 and January – August 2017.