Data as of March 2026. Source: Realtor.com.
The WATER VALLEY, MS real estate market (38965) currently shows 28 active listings, with 5 pending sales. Homes are averaging 69 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 69 days on market compared to 72 days last year.
The median listing price has risen 12.8% year-over-year, from $239,900 to $270,625.
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 March 2026, there are 28 active listings in WATER VALLEY, MS (zip code 38965), compared to 31 the prior year.
The median listing price in WATER VALLEY, MS 38965 is $270,625 as of March 2026, a 12.8% increase from $239,900 the prior year.
Homes in WATER VALLEY, MS 38965 spend an average of 69 days on the market before going under contract, compared to 72 days the prior year.
Based on current inventory and days-on-market data as of March 2026, WATER VALLEY, MS 38965 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 69 days on market compared to 72 days last year.
With SELL123.com's maximum 3% commission, sellers in WATER VALLEY, MS 38965 save an estimated $5,413 compared to a typical 5% commission on the median listing price of $270,625. 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.