Active Listings
29
— vs 29 last year
Population: 8,807 · Density: 13.5/mi² · Median household income: $52,418
Typical home value: $122,286 · Homeownership: 73.0%
Data as of January 2026. Source: Realtor.com.
The WATER VALLEY, MS real estate market (38965) currently shows 29 active listings, with 5 pending sales. Homes are averaging 80 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are taking longer to sell, averaging 80 days on market compared to 65 days last year.
The median listing price has risen 6.8% year-over-year, from $259,925 to $277,500.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38965 | Water Valley, MS 38965 | 0.0 mi | 29 | $10,887,383 | $277,500 | $375,427 |
| 38673 | Taylor, MS 38673 | 11.3 mi | 3 | $1,137,000 | $379,000 | $379,000 |
| 38915 | Bruce, MS 38915 | 13.8 mi | 14 | $3,235,750 | $185,500 | $231,125 |
| 38655 | Oxford, MS 38655 | 14.9 mi | 408 | $323,938,128 | $489,900 | $793,966 |
| 38658 | Pope, MS 38658 | 17.9 mi | 10 | $2,182,250 | $255,000 | $218,225 |
| 38914 | Big Creek, MS 38914 | 20.1 mi | 2 | $162,000 | $81,000 | $81,000 |
| 38951 | Pittsboro, MS 38951 | 20.6 mi | 2 | $384,500 | $192,250 | $192,250 |
| 38927 | Enid, MS 38927 | 24.3 mi | 2 | $688,000 | $344,000 | $344,000 |
| 38916 | Calhoun City, MS 38916 | 25.9 mi | 11 | $2,543,717 | $152,500 | $231,247 |
| 38839 | Derma, MS 38839 | 26.2 mi | 1 | $155,000 | $155,000 | $155,000 |
| 38929 | Gore Springs, MS 38929 | 27.6 mi | 7 | $2,817,997 | $360,000 | $402,571 |
| 38878 | Vardaman, MS 38878 | 28.9 mi | 5 | $1,137,500 | $227,500 | $227,500 |
| 38619 | Como, MS 38619 | 29.3 mi | 3 | $1,854,891 | $609,900 | $618,297 |
As of January 2026, there are 29 active listings in WATER VALLEY, MS (zip code 38965), compared to 29 the prior year.
The median listing price in WATER VALLEY, MS 38965 is $277,500 as of January 2026, a 6.8% increase from $259,925 the prior year.
Homes in WATER VALLEY, MS 38965 spend an average of 80 days on the market before going under contract, compared to 65 days the prior year.
Based on current inventory and days-on-market data as of January 2026, WATER VALLEY, MS 38965 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 80 days on market compared to 65 days last year.
With SELL123.com's maximum 3% commission, sellers in WATER VALLEY, MS 38965 save an estimated $5,550 compared to a typical 5% commission on the median listing price of $277,500. 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.