OfferBackedBuyer Tools

Is New Albany, MS 38652 a buyer’s or seller’s market?

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

New Albany is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market48Listing to accepted offer
Median price per sq ft$164▲ +16.0% vs. last year

The New Albany housing market right now

In the three months ending August 31, 2026, 0% of homes in New Albany, MS 38652 sold above their list price, the typical home went under contract in 48 days and there were 4.8 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 37 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (82 days then) and the median sale price rose 9% to $287,825. Overall, New Albany is more competitive than a year ago, so tougher for buyers.

Run the numbers for 38652

Prefilled for 38652Can I win this house?Multiple-offer likelihood for a listing Prefilled for 38652Over-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 ftMyrtle 38650Seller’s market $126 /sq ft Browse all markets →

Towns like New Albany nearby

Find towns like New Albany in other states →
Pontotoc, MS38863 · 19 miles away93% similarVery close on income, prices and more Fulton, MS38843 · 38 miles away91% similarVery close on income, prices and more Corinth, MS38834 · 36 miles away90% similarlarger Ripley, MS38663 · 19 miles away89% similarVery close on income, prices and more

Where New Albany is

Loading map…

Questions about New Albany real estate

Is New Albany a buyer’s or seller’s market?

A balanced market: there were 4.8 months of supply in New Albany, MS 38652 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 New Albany?

The typical home went under contract in 48 days in the latest three months.

Do homes in New Albany sell over asking?

0% of homes sold above their original list price.

What are property taxes in New Albany?

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 New Albany?

The median sale price was $287,825 in the three months ending August 31, 2026, about $164 per square foot.

Local agents

See all agents in 38652 →

No sponsored agents in 38652 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 38652

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