Data as of June 2026. Source: Realtor.com.
The WATER VALLEY, MS real estate market (38965) currently shows 21 active listings, with 6 pending sales. Homes are averaging 59 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 59 days on market compared to 53 days last year.
The median listing price has risen 13.3% year-over-year, from $226,250 to $256,450.
Whether you are buying or selling in WATER VALLEY, 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.
Population: 8,807 · Density: 13.5/mi² · Median household income: $52,418
Typical home value: $122,286 · Homeownership: 73.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38965 | Water Valley, MS 38965 | 0.0 mi | 29 | $10,723,359 | $270,875 | $369,771 |
| 38673 | Taylor, MS 38673 | 11.3 mi | 2 | $758,000 | $379,000 | $379,000 |
| 38915 | Bruce, MS 38915 | 13.8 mi | 19 | $4,499,390 | $186,000 | $236,810 |
| 38655 | Oxford, MS 38655 | 14.9 mi | 445 | $326,271,775 | $481,100 | $733,195 |
| 38658 | Pope, MS 38658 | 17.9 mi | 10 | $1,919,300 | $240,000 | $191,930 |
| 38914 | Big Creek, MS 38914 | 20.1 mi | 2 | $145,000 | $72,500 | $72,500 |
| 38951 | Pittsboro, MS 38951 | 20.6 mi | 1 | $235,000 | $235,000 | $235,000 |
| 38927 | Enid, MS 38927 | 24.3 mi | 2 | $668,000 | $334,000 | $334,000 |
| 38916 | Calhoun City, MS 38916 | 25.9 mi | 9 | $1,783,242 | $138,700 | $198,138 |
| 38839 | Derma, MS 38839 | 26.2 mi | 1 | $147,500 | $147,500 | $147,500 |
| 38929 | Gore Springs, MS 38929 | 27.6 mi | 6 | $2,452,998 | $367,000 | $408,833 |
| 38878 | Vardaman, MS 38878 | 28.9 mi | 5 | $1,020,815 | $217,498 | $204,163 |
| 38619 | Como, MS 38619 | 29.3 mi | 4 | $2,473,124 | $609,900 | $618,281 |
As of June 2026, there are 21 active listings in WATER VALLEY, MS (zip code 38965), compared to 27 the prior year.
The median listing price in WATER VALLEY, MS 38965 is $256,450 as of June 2026, a 13.3% increase from $226,250 the prior year.
Homes in WATER VALLEY, MS 38965 spend an average of 59 days on the market before going under contract, compared to 53 days the prior year.
Based on current inventory and days-on-market data as of June 2026, WATER VALLEY, MS 38965 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 59 days on market compared to 53 days last year.
With SELL123.com's maximum 3% commission, sellers in WATER VALLEY, MS 38965 save an estimated $5,129 compared to a typical 5% commission on the median listing price of $256,450. 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.