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NESBIT, MS 38651

Real Estate Market Report  ·  DeSoto County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
85
⇧ 25% vs 68 last year
Pending
16
19% pending ratio
Median Price
$395,000
⇩ 5.9% vs $419,975 last year
Average Price
$434,901
⇩ 0.5% vs $436,993 last year
Days on Market
94
⇧ 16% vs 81 days last year

Market Context

Population: 8,536  ·  Density: 100.0/mi²  ·  Median household income: $109,399

Typical home value: $262,124  ·  Homeownership: 92.9%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The NESBIT, MS real estate market (38651) currently shows 85 active listings, with 16 pending sales. Homes are averaging 94 days on the market before going under contract.

Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 94 days on market compared to 81 days last year.

The median listing price has fallen 5.9% year-over-year, from $419,975 to $395,000.

Whether you are buying or selling in NESBIT, 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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 85 this year vs 68 last year
  • Days on market: 94 now vs 81 last year

Median & Average Pricing

Year over Year
  • Median: $395,000 (-5.9% YoY)
  • Average: $434,901 (-0.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.0 miles — 1,218 listings ($480,510,801 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38651Nesbit, MS 386510.0 mi85$36,966,585$395,000$434,901
38637Horn Lake, MS 386374.9 mi54$14,522,652$225,000$268,938
38632Hernando, MS 386326.4 mi200$97,591,200$419,900$487,956
38116Memphis, TN 381169.7 mi70$12,959,520$175,000$185,136
38654Olive Branch, MS 3865410.6 mi312$130,688,064$391,950$418,872
38141Memphis, TN 3814112.0 mi52$9,722,388$184,500$186,969
38618Coldwater, MS 3861813.7 mi23$7,843,713$329,900$341,031
38114Memphis, TN 3811414.2 mi105$15,963,990$120,525$152,038
38125Memphis, TN 3812515.2 mi65$27,889,875$315,000$429,075
38119Memphis, TN 3811915.8 mi102$36,555,780$314,900$358,390
38126Memphis, TN 3812616.4 mi19$3,676,899$182,500$193,521
38138Germantown, TN 3813817.6 mi116$81,826,980$509,500$705,405
38105Memphis, TN 3810518.0 mi15$4,303,155$215,000$286,877

Frequently Asked Questions

How many homes are for sale in NESBIT, MS 38651?

As of January 2026, there are 85 active listings in NESBIT, MS (zip code 38651), compared to 68 the prior year.

What is the median home price in NESBIT, MS 38651?

The median listing price in NESBIT, MS 38651 is $395,000 as of January 2026, a 5.9% decrease from $419,975 the prior year.

How long do homes stay on the market in NESBIT, MS?

Homes in NESBIT, MS 38651 spend an average of 94 days on the market before going under contract, compared to 81 days the prior year.

Is it a seller's or buyer's market in NESBIT, MS 38651?

Based on current inventory and days-on-market data as of January 2026, NESBIT, MS 38651 is currently a Buyer's Market. Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 94 days on market compared to 81 days last year.

How much can I save on real estate commission in NESBIT, MS?

With SELL123.com's maximum 3% commission, sellers in NESBIT, MS 38651 save an estimated $7,900 compared to a typical 5% commission on the median listing price of $395,000. 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.