Is Falkner, MS 38629 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Falkner is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Falkner housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Tippah County, MS

Population	2,028
Median income	$69,135
Average income	$72,048
Median home value	$122,700
Median rent	$825/month
Owner-occupied	87% of homes
Median year built	1987

Natural hazard riskTornadoes (very high), extreme heat (relatively high), earthquakes (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 38629; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 38629

Prefilled for 38629Can I win this house?Multiple-offer likelihood for a listing Prefilled for 38629Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Blue Mountain 38610Buyer’s market $66 /sq ft Dumas 38625Seller’s market $150 /sq ft Ripley 38663Buyer’s market $105 /sq ft Tiplersville 38674Buyer’s market $91 /sq ft Browse all markets →

Towns like Falkner nearby

Find towns like Falkner in other states →

Thaxton, MS38871 · 38 miles away83% similarolder residents · 5 min shorter commute Toone, TN38381 · 36 miles away80% similar7 min shorter commute Lamar, MS38642 · 21 miles away79% similar8 min shorter commute Blue Springs, MS38828 · 29 miles away75% similarpricier homes ($36K more) · larger

Where Falkner is

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Questions about Falkner real estate

What are property taxes in Falkner?

About 0.77% of a home’s value a year in Tippah County, or roughly $3,080 on a $400,000 home.

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More tools for 38629

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Tippah County property taxes Tippah County loan limits Closing costs in Mississippi Hottest ZIP codes in Mississippi

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology