Is Senatobia, MS 38668 a buyer’s or seller’s market?
Senatobia is a seller’s market. With about 3.4 months of supply and 11% 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 25% of U.S. ZIP codes, and #42 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 Senatobia housing market right now
In the three months ending August 31, 2026, 11% of homes in Senatobia, MS 38668 sold above their list price, the typical home went under contract in 42 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 36 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (13% then), homes sold more slowly (20 days then) and the median sale price rose 16% to $298,871. Overall, Senatobia is less competitive than a year ago, which gives buyers more room.
On our competition score, Senatobia ranks #42 of 89 MS ZIP codes with enough sales (score 29 out of 100).
Nearby, buyers who want less competition could look at Sarah 38665 (0% sold over asking), while Coldwater 38618 (32% sold over asking) is even more competitive.
Run the numbers for 38668
Nearby markets
Coldwater 38618Seller’s market $166 /sq ftSarah 38665Seller’s market $168 /sq ft Browse all markets →Towns like Senatobia nearby
Find towns like Senatobia in other states →Where Senatobia is
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Questions about Senatobia real estate
Is Senatobia a buyer’s or seller’s market?
A seller’s market: there were 3.4 months of supply in Senatobia, MS 38668 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 Senatobia?
The typical home went under contract in 42 days in the latest three months.
Do homes in Senatobia sell over asking?
11% of homes sold above their original list price, and the typical sale closed at 95.3% of the list price.
What are property taxes in Senatobia?
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 Senatobia?
The median sale price was $298,871 in the three months ending August 31, 2026, about $148 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