Data as of April 2026. Source: Realtor.com.
The WATER VALLEY, MS real estate market (38965) currently shows 28 active listings, with 8 pending sales. Homes are averaging 75 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 75 days on market compared to 74 days last year.
The median listing price has risen 39.6% year-over-year, from $206,000 to $287,500.
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.
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 April 2026, there are 28 active listings in WATER VALLEY, MS (zip code 38965), compared to 26 the prior year.
The median listing price in WATER VALLEY, MS 38965 is $287,500 as of April 2026, a 39.6% increase from $206,000 the prior year.
Homes in WATER VALLEY, MS 38965 spend an average of 75 days on the market before going under contract, compared to 74 days the prior year.
Based on current inventory and days-on-market data as of April 2026, WATER VALLEY, MS 38965 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 75 days on market compared to 74 days last year.
With SELL123.com's maximum 3% commission, sellers in WATER VALLEY, MS 38965 save an estimated $5,750 compared to a typical 5% commission on the median listing price of $287,500. 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.