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OAKLAND, MS 38948

Real Estate Market Report  ·  Yalobusha County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The OAKLAND, MS real estate market (38948) currently shows 7 active listings, with 1 pending sales. Homes are averaging 129 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 129 days on market compared to 44 days last year.

The median listing price has fallen 16.8% year-over-year, from $277,950 to $231,250.

Whether you are buying or selling in OAKLAND, 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: 2,194  ·  Density: 8.2/mi²  ·  Median household income: $31,302

Typical home value: $68,634  ·  Homeownership: 62.1%

Market Overview

Active Listings
7
⇩ 22.2% vs 9 last year
Pending
1
14% pending ratio
Median Price
$231,250
⇩ 16.8% vs $277,950 last year
Average Price
$311,365
⇩ 24.9% vs $414,825 last year
Days on Market
129
⇧ 193.2% vs 44 days last year

Price Per Square Foot

Median $/sqft
$164
⇧ 17.1% vs $140/sqft last year
Median Home Size
1,348 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 7 this year vs 9 last year
  • Days on market: 129 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $231,250 (-16.8% YoY)
  • Average: $311,365 (-24.9% 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 31.5 miles — 80 listings ($33,563,467 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38948Oakland, MS 389480.0 mi8$2,395,568$232,475$299,446
38658Pope, MS 386587.9 mi10$1,919,300$240,000$191,930
38620Courtland, MS 3862010.8 mi5$1,722,750$300,500$344,550
38920Cascilla, MS 3892016.1 mi1$4,500,000$4,500,000$4,500,000
38922Coffeeville, MS 3892217.0 mi9$2,992,500$153,750$332,500
38673Taylor, MS 3867321.6 mi2$758,000$379,000$379,000
38666Sardis, MS 3866623.8 mi11$8,856,837$275,500$805,167
38646Marks, MS 3864627.0 mi2$603,000$301,500$301,500
38949Paris, MS 3894928.4 mi1$325,000$325,000$325,000
38915Bruce, MS 3891529.1 mi19$4,499,390$186,000$236,810
38963Tutwiler, MS 3896329.8 mi2$65,000$32,500$32,500
38619Como, MS 3861930.4 mi4$2,473,124$609,900$618,281
38929Gore Springs, MS 3892931.5 mi6$2,452,998$367,000$408,833

Frequently Asked Questions

How many homes are for sale in OAKLAND, MS 38948?

As of March 2026, there are 7 active listings in OAKLAND, MS (zip code 38948), compared to 9 the prior year.

What is the median home price in OAKLAND, MS 38948?

The median listing price in OAKLAND, MS 38948 is $231,250 as of March 2026, a 16.8% decrease from $277,950 the prior year.

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

Homes in OAKLAND, MS 38948 spend an average of 129 days on the market before going under contract, compared to 44 days the prior year.

Is it a seller's or buyer's market in OAKLAND, MS 38948?

Based on current inventory and days-on-market data as of March 2026, OAKLAND, MS 38948 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 129 days on market compared to 44 days last year.

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

With SELL123.com's maximum 3% commission, sellers in OAKLAND, MS 38948 save an estimated $4,625 compared to a typical 5% commission on the median listing price of $231,250. 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.