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SOUTHAVEN, MS 38672

Real Estate Market Report  ·  DeSoto County
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The SOUTHAVEN, MS real estate market (38672) currently shows 124 active listings, with 34 pending sales. Homes are averaging 65 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 65 days on market compared to 59 days last year.

The median listing price has fallen 3.4% year-over-year, from $386,200 to $373,175.

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Market Context

Market Context

Population: 15,602  ·  Density: 462.6/mi²  ·  Median household income: $103,692

Typical home value: $267,203  ·  Homeownership: 94.0%

Market Overview

Active Listings
124
⇩ 0.8% vs 125 last year
Pending
34
27% pending ratio
Median Price
$373,175
⇩ 3.4% vs $386,200 last year
Average Price
$389,817
⇩ 2.6% vs $400,023 last year
Days on Market
65
⇧ 10.2% vs 59 days last year

Price Per Square Foot

Median $/sqft
$165
⇧ 1.2% vs $163/sqft last year
Median Home Size
2,300 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 124 this year vs 125 last year
  • Days on market: 65 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $373,175 (-3.4% YoY)
  • Average: $389,817 (-2.6% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 15.0 miles — 1,357 listings ($432,277,506 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38672Southaven, MS 386720.0 mi102$40,251,648$385,500$394,624
38651Nesbit, MS 386514.4 mi87$37,626,456$401,400$432,488
38118Memphis, TN 381186.9 mi105$15,429,540$139,500$146,948
38116Memphis, TN 381167.4 mi72$13,091,688$171,725$181,829
38115Memphis, TN 381159.5 mi66$9,054,804$124,725$137,194
38125Memphis, TN 3812510.9 mi64$29,145,728$330,225$455,402
38114Memphis, TN 3811411.2 mi110$16,903,700$114,950$153,670
38111Memphis, TN 3811111.9 mi215$52,876,670$185,675$245,938
38109Memphis, TN 3810912.5 mi170$19,846,140$109,725$116,742
38138Germantown, TN 3813813.3 mi130$88,391,810$492,500$679,937
38104Memphis, TN 3810413.8 mi147$51,369,444$299,000$349,452
38126Memphis, TN 3812614.2 mi15$2,864,100$185,000$190,940
38139Germantown, TN 3813915.0 mi74$55,425,778$606,200$748,997

Frequently Asked Questions

How many homes are for sale in SOUTHAVEN, MS 38672?

As of September 2026, there are 124 active listings in SOUTHAVEN, MS (zip code 38672), compared to 125 the prior year.

What is the median home price in SOUTHAVEN, MS 38672?

The median listing price in SOUTHAVEN, MS 38672 is $373,175 as of September 2026, a 3.4% decrease from $386,200 the prior year.

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

Homes in SOUTHAVEN, MS 38672 spend an average of 65 days on the market before going under contract, compared to 59 days the prior year.

Is it a seller's or buyer's market in SOUTHAVEN, MS 38672?

Based on current inventory and days-on-market data as of September 2026, SOUTHAVEN, MS 38672 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 65 days on market compared to 59 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SOUTHAVEN, MS 38672 save an estimated $7,464 compared to a typical 5% commission on the median listing price of $373,175. 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.