Population: 29,491 · Density: 70.2/mi² · Median household income: $80,956
Typical home value: $262,792 · Homeownership: 86.6%
Data as of January 2026. Source: Realtor.com.
The HERNANDO, MS real estate market (38632) currently shows 200 active listings, with 54 pending sales. Homes are averaging 109 days on the market before going under contract.
Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 109 days on market compared to 93 days last year.
The median listing price has risen 1.5% year-over-year, from $413,650 to $419,900.
Whether you are buying or selling in HERNANDO, MS, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38632 | Hernando, MS 38632 | 0.0 mi | 200 | $97,591,200 | $419,900 | $487,956 |
| 38618 | Coldwater, MS 38618 | 7.9 mi | 23 | $7,843,713 | $329,900 | $341,031 |
| 38637 | Horn Lake, MS 38637 | 10.7 mi | 54 | $14,522,652 | $225,000 | $268,938 |
| 38641 | Lake Cormorant, MS 38641 | 12.5 mi | 10 | $4,277,670 | $317,500 | $427,767 |
| 38654 | Olive Branch, MS 38654 | 14.0 mi | 312 | $130,688,064 | $391,950 | $418,872 |
| 38116 | Memphis, TN 38116 | 16.1 mi | 70 | $12,959,520 | $175,000 | $185,136 |
| 38141 | Memphis, TN 38141 | 17.2 mi | 52 | $9,722,388 | $184,500 | $186,969 |
| 38109 | Memphis, TN 38109 | 17.8 mi | 164 | $19,484,348 | $110,000 | $118,807 |
| 38611 | Byhalia, MS 38611 | 19.4 mi | 81 | $34,914,321 | $373,800 | $431,041 |
| 38125 | Memphis, TN 38125 | 19.8 mi | 65 | $27,889,875 | $315,000 | $429,075 |
| 38106 | Memphis, TN 38106 | 20.9 mi | 111 | $11,898,423 | $85,250 | $107,193 |
| 38111 | Memphis, TN 38111 | 21.7 mi | 198 | $49,977,576 | $199,900 | $252,412 |
| 38676 | Tunica, MS 38676 | 22.4 mi | 4 | $392,000 | $98,000 | $98,000 |
As of January 2026, there are 200 active listings in HERNANDO, MS (zip code 38632), compared to 204 the prior year.
The median listing price in HERNANDO, MS 38632 is $419,900 as of January 2026, a 1.5% increase from $413,650 the prior year.
Homes in HERNANDO, MS 38632 spend an average of 109 days on the market before going under contract, compared to 93 days the prior year.
Based on current inventory and days-on-market data as of January 2026, HERNANDO, MS 38632 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 109 days on market compared to 93 days last year.
With SELL123.com's maximum 3% commission, sellers in HERNANDO, MS 38632 save an estimated $8,398 compared to a typical 5% commission on the median listing price of $419,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.