OfferBackedBuyer Tools

Is Myrtle, MS 38650 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Myrtle is a seller’s market. With about 2.4 months of supply and 0% 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.

Months of supply2.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list78.8%Sold price ÷ list price
Median days on market21Listing to accepted offer
Median price per sq ft$126▼ −12.2% vs. last year

The Myrtle housing market right now

In the three months ending August 31, 2026, 0% of homes in Myrtle, MS 38650 sold above their list price, the typical home went under contract in 21 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 8 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (69 days then) and the median sale price rose 13% to $285,377. Overall, Myrtle is more competitive than a year ago, so tougher for buyers.

Run the numbers for 38650

Prefilled for 38650Can I win this house?Multiple-offer likelihood for a listing Prefilled for 38650Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Blue Springs 38828Seller’s market $161 /sq ftNew Albany 38652Balanced $164 /sq ft Browse all markets →

Towns like Myrtle nearby

Find towns like Myrtle in other states →
Guntown, MS38849 · 25 miles away84% similarcheaper homes ($33K less) · 5 min longer commute Mantachie, MS38855 · 39 miles away84% similarcheaper homes ($32K less) · more single-family homes New Albany, MS38652 · 7 miles away82% similarlarger Blue Springs, MS38828 · 17 miles away82% similarcheaper homes ($26K less) · younger residents

Where Myrtle is

Loading map…

Questions about Myrtle real estate

Is Myrtle a buyer’s or seller’s market?

A seller’s market: there were 2.4 months of supply in Myrtle, MS 38650 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 Myrtle?

The typical home went under contract in 21 days in the latest three months.

Do homes in Myrtle sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 78.8% of the list price.

What are property taxes in Myrtle?

About 0.56% of a home’s value a year in Union County, or roughly $2,240 on a $400,000 home.

What is the median home price in Myrtle?

The median sale price was $285,377 in the three months ending August 31, 2026, about $126 per square foot.

Local agents

See all agents in 38650 →

No sponsored agents in 38650 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 38650

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 Union County property taxesUnion County loan limitsClosing costs in MississippiHottest ZIP codes in Mississippi
Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

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