Central Mississippi Real Estate News & Market Updates
Stay informed on the latest real estate news, home buying tips, and market updates for Brandon, Flowood, Madison, and all of Central Mississippi from April Smith, REALTOR®.
What Is My Home Really Worth in Central Mississippi?
How do you find out what your home is really worth in Central Mississippi? Online estimates like Zillow's Zestimate and the Redfin Estimate are starting points, not answers. In a market like Brandon, Flowood, and Madison, where many neighborhoods have relatively few recent sales, automated tools can
Sell Your House As-Is or Make Repairs in Central Mississippi?
Should you sell your house as-is or make repairs first in Central Mississippi? In most cases, selling as-is nets you less than a repaired home, often 5 to 25 percent less depending on condition, but it is the right call when repairs would cost more than they add, when your timeline is tight, or when
Should You Sell Your House or Rent It Out in Central Mississippi?
Should you sell your house or rent it out in Central Mississippi? In most Central Mississippi situations the decision comes down to three numbers: what your home would actually net if you sold it today, what it would truly cash flow as a rental after taxes, insurance, vacancy, maintenance, and manag
How Much Are Property Taxes in Central Mississippi?
Owner-occupied homes in Mississippi are taxed on just 10 percent of their market value, not the full price. In Rankin County, the combined 2026 rate is about 99 mills, so a $300,000 home is taxed on $30,000 of assessed value, which works out to roughly $2,980 a year before the homestead exemption tr
Is now a good time to sell a house in Central Mississippi?
Yes, for most homeowners, 2026 is still a good time to sell in Central Mississippi. Brandon and the surrounding Rankin and Madison County markets stay tight, with homes selling in roughly 24 days and median prices up close to 5 percent over last year. Inventory is climbing and buyers are pickier tha
How Much Is Homeowners Insurance in Central Mississippi?
How much is homeowners insurance in Central Mississippi? Most single-family homeowners in the Brandon and Flowood area pay somewhere in the range of $2,500 to $4,500 a year for a standard policy, and premiums have climbed for several years running. Mississippi ranks among the most expensive states i
What Do You Have to Disclose When Selling in Mississippi?
What do you legally have to disclose when selling a house in Mississippi? In Mississippi, sellers of most one to four unit homes must fill out the state Property Condition Disclosure Statement (PCDS) and give it to the buyer before the sale is final. You disclose the known problems you are actually
How to Buy and Sell a House at the Same Time in Central Mississippi
Can you buy and sell a house at the same time in Central Mississippi? Yes, and most move-up buyers around Brandon and Flowood do exactly that. You have four main paths: sell first and rent back for a few days, buy first using a bridge loan or a home equity line, make your offer on the next home cont
Should You Still Buy a Home Given Today's Economy?
Should you still buy a home given today's economy? Yes, if you are financially ready and plan to stay a while, today's economy is not a reason to sit out the market in Central Mississippi. Steady income, savings for your down payment and a cushion, and a plan to stay put for several years matter far