OfferBackedBuyer Tools

Is Indianola, MS 38751 a buyer’s or seller’s market?

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

Indianola is a buyer’s market. With about 11.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply11.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list100.5%Sold price ÷ list price
Median days on market230Listing to accepted offer
Median price per sq ft$91▲ +7.3% vs. last year

The Indianola housing market right now

In the three months ending August 31, 2026, 0% of homes in Indianola, MS 38751 sold above their list price, the typical home went under contract in 230 days and there were 11.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 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 more slowly (52 days then) and the median sale price rose 31% to $190,430. Overall, Indianola is less competitive than a year ago, which gives buyers more room.

Run the numbers for 38751

Prefilled for 38751Can I win this house?Multiple-offer likelihood for a listing Prefilled for 38751Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Drew 38737 — /sq ftInverness 38753 — /sq ftMoorhead 38761 — /sq ftRuleville 38771Seller’s market $38 /sq ft Browse all markets →

Towns like Indianola nearby

Find towns like Indianola in other states →
Greenville, MS38701 · 23 miles away93% similarlarger Greenville, MS38703 · 21 miles away91% similarcheaper homes ($30K less) Cleveland, MS38732 · 21 miles away86% similarpricier homes ($45K more) · larger Greenwood, MS38930 · 28 miles away86% similarlarger

Where Indianola is

Loading map…

Questions about Indianola real estate

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

A buyer’s market: there were 11.2 months of supply in Indianola, MS 38751 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 Indianola?

The typical home went under contract in 230 days in the latest three months.

Do homes in Indianola sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 100.5% of the list price.

What are property taxes in Indianola?

About 0.93% of a home’s value a year in Sunflower County, or roughly $3,720 on a $400,000 home.

What is the median home price in Indianola?

The median sale price was $190,430 in the three months ending August 31, 2026, about $91 per square foot.

Local agents

See all agents in 38751 →

No sponsored agents in 38751 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 38751

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 Sunflower County property taxesSunflower 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