Is Coldwater, MS 38618 a buyer’s or seller’s market?
Coldwater is a seller’s market. With about 3.3 months of supply and 32% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 71% of U.S. ZIP codes, and #1 of 89 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Coldwater housing market right now
In the three months ending August 31, 2026, 32% of homes in Coldwater, MS 38618 sold above their list price, the typical home went under contract in 16 days and there were 3.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 23 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 11%, homes sold faster (32 days then) and the median sale price rose 5% to $342,252. Overall, Coldwater is more competitive than a year ago, so tougher for buyers.
On our competition score, Coldwater ranks #1 of 89 MS ZIP codes with enough sales (score 67 out of 100).
Nearby, buyers who want less competition could look at Sarah 38665 (0% sold over asking) or Senatobia 38668 (11% sold over asking).
Run the numbers for 38618
Nearby markets
Sarah 38665Seller’s market $168 /sq ftSenatobia 38668Seller’s market $148 /sq ft Browse all markets →Towns like Coldwater nearby
Find towns like Coldwater in other states →Where Coldwater is
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Questions about Coldwater real estate
Is Coldwater a buyer’s or seller’s market?
A seller’s market: there were 3.3 months of supply in Coldwater, MS 38618 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Coldwater?
The typical home went under contract in 16 days in the latest three months.
Do homes in Coldwater sell over asking?
32% of homes sold above their original list price, and the typical sale closed at 99.5% of the list price.
What are property taxes in Coldwater?
About 0.65% of a home’s value a year in Tate County, or roughly $2,600 on a $400,000 home.
What is the median home price in Coldwater?
The median sale price was $342,252 in the three months ending August 31, 2026, about $166 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology