Is Greenville, MS 38701 a buyer’s or seller’s market?
Greenville is a balanced market. With about 5.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 26% of U.S. ZIP codes, and #41 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 Greenville housing market right now
In the three months ending August 31, 2026, 4% of homes in Greenville, MS 38701 sold above their list price, the typical home went under contract in 81 days and there were 5.7 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 30 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold about as fast and the median sale price rose 50% to $168,427. Overall, Greenville is more competitive than a year ago, so tougher for buyers.
Within Washington County, homes here sell more slowly, and more often over asking, than in any other ZIP code in the county. On our competition score, Greenville ranks #41 of 89 MS ZIP codes with enough sales (score 30 out of 100).
Nearby, buyers who want less competition could look at Leland 38756 (0% sold over asking) or Hollandale 38748 (0% sold over asking).
Run the numbers for 38701
Nearby markets
Avon 38723 $51 /sq ftGlen Allan 38744 — /sq ftGreenville 38703Balanced $64 /sq ftHollandale 38748Buyer’s market $51 /sq ft Browse all markets →Towns like Greenville nearby
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Questions about Greenville real estate
Is Greenville a buyer’s or seller’s market?
A balanced market: there were 5.7 months of supply in Greenville, MS 38701 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 Greenville?
The typical home went under contract in 81 days in the latest three months.
Do homes in Greenville sell over asking?
4% of homes sold above their original list price, and the typical sale closed at 102.9% of the list price.
What are property taxes in Greenville?
About 0.86% of a home’s value a year in Washington County, or roughly $3,440 on a $400,000 home.
What is the median home price in Greenville?
The median sale price was $168,427 in the three months ending August 31, 2026, about $92 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