Call or Text (240) SELL-123

SHERMAN, MS 38869

Real Estate Market Report  ·  Pontotoc County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
2
⇩ 33.3% vs 3 last year
Pending
0
0% pending ratio
Median Price
$444,950
⇧ 64.9% vs $269,900 last year
Average Price
$444,950
⇧ 78.3% vs $249,600 last year
Days on Market
71
⇩ 25.3% vs 95 days last year

Market Context

Population: 295  ·  Density: 108.1/mi²  ·  Median household income: $60,000

Typical home value: $215,244  ·  Homeownership: 55.7%

Market Analysis

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

The SHERMAN, MS real estate market (38869) currently shows 2 active listings. Homes are averaging 71 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 selling faster, averaging 71 days on market compared to 95 days last year.

The median listing price has risen 64.9% year-over-year, from $269,900 to $444,950.

Whether you are buying or selling in SHERMAN, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for SHERMAN, MS 38869 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 3 last year
  • Days on market: 71 now vs 95 last year

Median & Average Pricing

Year over Year
  • Median: $444,950 (+64.9% YoY)
  • Average: $444,950 (+78.3% 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 26.6 miles — 329 listings ($106,881,174 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38869Sherman, MS 388690.0 mi2$889,900$444,950$444,950
38828Blue Springs, MS 388285.0 mi6$1,520,850$252,450$253,475
38801Tupelo, MS 388019.9 mi108$37,952,712$299,900$351,414
38841Ecru, MS 3884110.6 mi4$1,078,000$288,500$269,500
38652New Albany, MS 3865212.8 mi73$27,956,518$349,950$382,966
38863Pontotoc, MS 3886314.6 mi39$11,701,053$249,500$300,027
38824Baldwyn, MS 3882415.9 mi14$3,610,544$240,000$257,896
38862Plantersville, MS 3886217.9 mi6$1,132,848$185,000$188,808
38650Myrtle, MS 3865021.0 mi8$3,900,568$355,000$487,571
38610Blue Mountain, MS 3861023.2 mi9$2,540,439$225,000$282,271
38627Etta, MS 3862724.1 mi2$520,000$260,000$260,000
38850Houlka, MS 3885025.1 mi6$2,722,398$160,500$453,733
38829Booneville, MS 3882926.6 mi52$11,355,344$180,000$218,372

Frequently Asked Questions

How many homes are for sale in SHERMAN, MS 38869?

As of January 2026, there are 2 active listings in SHERMAN, MS (zip code 38869), compared to 3 the prior year.

What is the median home price in SHERMAN, MS 38869?

The median listing price in SHERMAN, MS 38869 is $444,950 as of January 2026, a 64.9% increase from $269,900 the prior year.

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

Homes in SHERMAN, MS 38869 spend an average of 71 days on the market before going under contract, compared to 95 days the prior year.

Is it a seller's or buyer's market in SHERMAN, MS 38869?

Based on current inventory and days-on-market data as of January 2026, SHERMAN, MS 38869 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 71 days on market compared to 95 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SHERMAN, MS 38869 save an estimated $8,899 compared to a typical 5% commission on the median listing price of $444,950. 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.