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WATERFORD, MS 38685

Real Estate Market Report  ·  Marshall County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The WATERFORD, MS real estate market (38685) currently shows 4 active listings, with 4 pending sales. Homes are averaging 93 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 93 days on market compared to 32 days last year.

The median listing price has fallen 32.1% year-over-year, from $149,000 to $101,100.

Whether you are buying or selling in WATERFORD, 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 Context

Market Context

Population: 1,120  ·  Density: 5.2/mi²  ·  Median household income: $49,861

Typical home value: $0  ·  Homeownership: 89.0%

Market Overview

Active Listings
4
⇧ 33.3% vs 3 last year
Pending
4
100% pending ratio
Median Price
$101,100
⇩ 32.1% vs $149,000 last year
Average Price
$189,600
⇩ 44.6% vs $342,333 last year
Days on Market
93
⇧ 190.6% vs 32 days last year

Price Per Square Foot

Median $/sqft
$98
⇩ 40.6% vs $165/sqft last year
Median Home Size
1,340 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 3 last year
  • Days on market: 93 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $101,100 (-32.1% YoY)
  • Average: $189,600 (-44.6% 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 32.2 miles — 968 listings ($542,885,577 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38685Waterford, MS 386850.0 mi6$1,593,870$156,500$265,645
38659Potts Camp, MS 386599.7 mi7$1,292,494$188,750$184,642
38633Hickory Flat, MS 3863316.9 mi3$630,450$200,450$210,150
38655Oxford, MS 3865518.3 mi445$326,271,775$481,100$733,195
38650Myrtle, MS 3865020.3 mi7$4,275,250$687,000$610,750
38661Red Banks, MS 3866120.8 mi1$409,000$409,000$409,000
38642Lamar, MS 3864223.9 mi2$774,666$431,000$387,333
38668Senatobia, MS 3866824.8 mi56$19,099,584$301,700$341,064
38618Coldwater, MS 3861826.4 mi25$8,766,025$329,900$350,641
38666Sardis, MS 3866627.8 mi11$8,856,837$275,500$805,167
38652New Albany, MS 3865229.0 mi74$28,344,146$365,000$383,029
38654Olive Branch, MS 3865430.3 mi330$142,347,480$399,975$431,356
38913Banner, MS 3891332.2 mi1$224,000$224,000$224,000

Frequently Asked Questions

How many homes are for sale in WATERFORD, MS 38685?

As of March 2026, there are 4 active listings in WATERFORD, MS (zip code 38685), compared to 3 the prior year.

What is the median home price in WATERFORD, MS 38685?

The median listing price in WATERFORD, MS 38685 is $101,100 as of March 2026, a 32.1% decrease from $149,000 the prior year.

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

Homes in WATERFORD, MS 38685 spend an average of 93 days on the market before going under contract, compared to 32 days the prior year.

Is it a seller's or buyer's market in WATERFORD, MS 38685?

Based on current inventory and days-on-market data as of March 2026, WATERFORD, MS 38685 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 93 days on market compared to 32 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WATERFORD, MS 38685 save an estimated $2,022 compared to a typical 5% commission on the median listing price of $101,100. 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.