Is Holly Springs, MS 38635 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Holly Springs is a balanced market. With about 5.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score9/ 100

More competitive than 3% of U.S. ZIP codes, and #84 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

Months of supply5.5Under 4 months = seller’s market
Sold above original list8%Share of sales, last 3 months
Median sale-to-list92.4%Sold price ÷ list price
Median days on market103Listing to accepted offer
Median price per sq ft$133▼ −19.9% vs. last year

The Holly Springs housing market right now

In the three months ending August 31, 2026, 8% of homes in Holly Springs, MS 38635 sold above their list price, the typical home went under contract in 103 days and there were 5.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 26 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 21%, homes sold more slowly (49 days then) and the median sale price fell 29% to $214,807. Overall, Holly Springs is less competitive than a year ago, which gives buyers more room.

Within Marshall County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Holly Springs ranks #84 of 89 MS ZIP codes with enough sales (score 9 out of 100).

Nearby, buyers who want less competition could look at Red Banks 38661 (0% sold over asking) or Potts Camp 38659 (0% sold over asking), while Waterford 38685 (100% sold over asking) and Byhalia 38611 (12% sold over asking) are even more competitive.

Nearby markets

Byhalia 38611Seller’s market $177 /sq ftPotts Camp 38659Seller’s market $95 /sq ftRed Banks 38661Buyer’s market $213 /sq ftWaterford 38685Buyer’s market $158 /sq ft Browse all markets →

Where Holly Springs is

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Questions about Holly Springs real estate

Is Holly Springs a buyer’s or seller’s market?

A balanced market: there were 5.5 months of supply in Holly Springs, MS 38635 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 Holly Springs?

The typical home went under contract in 103 days in the latest three months.

Do homes in Holly Springs sell over asking?

8% of homes sold above their original list price, and the typical sale closed at 92.4% of the list price.

What are property taxes in Holly Springs?

About 0.72% of a home’s value a year in Marshall County, or roughly $2,880 on a $400,000 home.

What is the median home price in Holly Springs?

The median sale price was $214,807 in the three months ending August 31, 2026, about $133 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