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RALEIGH, MS 39153

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

Market Analysis

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

The RALEIGH, MS real estate market (39153) currently shows 11 active listings, with 3 pending sales. Homes are averaging 138 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are selling faster, averaging 138 days on market compared to 142 days last year.

The median listing price has risen 47.3% year-over-year, from $134,900 to $198,750.

Whether you are buying or selling in RALEIGH, 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: 2,528  ·  Density: 6.4/mi²  ·  Median household income: $41,250

Typical home value: $106,808  ·  Homeownership: 82.7%

Market Overview

Active Listings
11
⇧ 57.1% vs 7 last year
Pending
3
27% pending ratio
Median Price
$198,750
⇧ 47.3% vs $134,900 last year
Average Price
$231,838
⇧ 69.8% vs $136,520 last year
Days on Market
138
⇩ 2.8% vs 142 days last year

Price Per Square Foot

Median $/sqft
$106
⇧ 9.3% vs $97/sqft last year
Median Home Size
2,465 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 11 this year vs 7 last year
  • Days on market: 138 now vs 142 last year

Median & Average Pricing

Year over Year
  • Median: $198,750 (+47.3% YoY)
  • Average: $231,838 (+69.8% 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 33.2 miles — 146 listings ($36,951,566 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
39153Raleigh, MS 391530.0 mi10$2,282,000$177,875$228,200
39116Mize, MS 3911611.4 mi4$777,012$165,000$194,253
39168Taylorsville, MS 3916816.2 mi6$889,230$132,500$148,205
39111Magee, MS 3911116.7 mi35$8,922,165$217,500$254,919
39092Lake, MS 3909219.8 mi1$298,000$298,000$298,000
39114Mendenhall, MS 3911420.6 mi27$10,518,795$356,850$389,585
39119Mount Olive, MS 3911923.0 mi8$1,208,216$145,000$151,027
39062D Lo, MS 3906223.7 mi2$157,800$78,900$78,900
39480Soso, MS 3948026.1 mi2$473,900$236,950$236,950
39345Newton, MS 3934527.2 mi16$2,846,368$164,500$177,898
39428Collins, MS 3942828.0 mi10$3,429,040$334,575$342,904
39439Heidelberg, MS 3943932.2 mi6$934,308$133,725$155,718
39347Pachuta, MS 3934733.2 mi19$4,214,732$182,250$221,828

Frequently Asked Questions

How many homes are for sale in RALEIGH, MS 39153?

As of March 2026, there are 11 active listings in RALEIGH, MS (zip code 39153), compared to 7 the prior year.

What is the median home price in RALEIGH, MS 39153?

The median listing price in RALEIGH, MS 39153 is $198,750 as of March 2026, a 47.3% increase from $134,900 the prior year.

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

Homes in RALEIGH, MS 39153 spend an average of 138 days on the market before going under contract, compared to 142 days the prior year.

Is it a seller's or buyer's market in RALEIGH, MS 39153?

Based on current inventory and days-on-market data as of March 2026, RALEIGH, MS 39153 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 138 days on market compared to 142 days last year.

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

With SELL123.com's maximum 3% commission, sellers in RALEIGH, MS 39153 save an estimated $3,975 compared to a typical 5% commission on the median listing price of $198,750. 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.