Data as of September 2026. Source: Realtor.com.
The HERNANDO, MS real estate market (38632) currently shows 206 active listings, with 53 pending sales. Homes are averaging 58 days on the market before going under contract.
Inventory has tightened compared to last year, with 30 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 58 days on market compared to 67 days last year.
The median listing price has risen 9.4% year-over-year, from $419,725 to $459,300.
Population: 29,491 · Density: 70.2/mi² · Median household income: $80,956
Typical home value: $262,792 · Homeownership: 86.6%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38632 | Hernando, MS 38632 | 0.0 mi | 189 | $95,780,664 | $423,900 | $506,776 |
| 38618 | Coldwater, MS 38618 | 7.9 mi | 25 | $8,766,025 | $329,900 | $350,641 |
| 38637 | Horn Lake, MS 38637 | 10.7 mi | 54 | $14,868,684 | $227,000 | $275,346 |
| 38641 | Lake Cormorant, MS 38641 | 12.5 mi | 8 | $4,005,664 | $356,250 | $500,708 |
| 38654 | Olive Branch, MS 38654 | 14.0 mi | 330 | $142,347,480 | $399,975 | $431,356 |
| 38116 | Memphis, TN 38116 | 16.1 mi | 72 | $13,091,688 | $171,725 | $181,829 |
| 38141 | Memphis, TN 38141 | 17.2 mi | 38 | $7,629,792 | $182,375 | $200,784 |
| 38109 | Memphis, TN 38109 | 17.8 mi | 170 | $19,846,140 | $109,725 | $116,742 |
| 38115 | Memphis, TN 38115 | 19.4 mi | 66 | $9,054,804 | $124,725 | $137,194 |
| 38114 | Memphis, TN 38114 | 20.5 mi | 110 | $16,903,700 | $114,950 | $153,670 |
| 38119 | Memphis, TN 38119 | 21.4 mi | 105 | $36,298,815 | $299,450 | $345,703 |
| 38619 | Como, MS 38619 | 22.3 mi | 4 | $2,473,124 | $609,900 | $618,281 |
| 38117 | Memphis, TN 38117 | 22.5 mi | 197 | $74,728,404 | $280,875 | $379,332 |
As of September 2026, there are 206 active listings in HERNANDO, MS (zip code 38632), compared to 236 the prior year.
The median listing price in HERNANDO, MS 38632 is $459,300 as of September 2026, a 9.4% increase from $419,725 the prior year.
Homes in HERNANDO, MS 38632 spend an average of 58 days on the market before going under contract, compared to 67 days the prior year.
Based on current inventory and days-on-market data as of September 2026, HERNANDO, MS 38632 is currently a Seller's Market. Inventory has tightened compared to last year, with 30 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 58 days on market compared to 67 days last year.
With SELL123.com's maximum 3% commission, sellers in HERNANDO, MS 38632 save an estimated $9,186 compared to a typical 5% commission on the median listing price of $459,300. 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.