Is Shelby, MS 38774 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

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

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Shelby housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Bolivar County, MS

Population	1,758
Median income	$19,811
Average income	$24,666
Median home value	$90,400
Median rent	$690/month
Owner-occupied	63% of homes
Median year built	1972

Natural hazard riskExtreme heat (relatively high), tornadoes (relatively high), earthquakes (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 38774; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 38774

Prefilled for 38774Can I win this house?Multiple-offer likelihood for a listing Prefilled for 38774Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Benoit 38725 — /sq ft Boyle 38730Buyer’s market $125 /sq ft Cleveland 38732Balanced $87 /sq ft Gunnison 38746 $55 /sq ft Browse all markets →

Towns like Shelby nearby

Find towns like Shelby in other states →

Lambert, MS38643 · 33 miles away69% similarcheaper homes ($28K less) · older residents Friars Point, MS38631 · 30 miles away48% similarsmaller · 10 min shorter commute Charleston, MS38921 · 37 miles away44% similarlarger · 10 min shorter commute Drew, MS38737 · 14 miles away37% similarlarger · 19 min shorter commute

Where Shelby is

Loading map…

Questions about Shelby real estate

What are property taxes in Shelby?

About 0.73% of a home’s value a year in Bolivar County, or roughly $2,920 on a $400,000 home.

Local agents

See all agents in 38774 →

No sponsored agents in 38774 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 38774

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 Bolivar County property taxes Bolivar County loan limits Closing costs in Mississippi Hottest 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

JavaScript (recommended) iframe only

<div class="offerbacked-widget" data-widget="zip" data-zip="38774"><a href="https://offerbacked.com/market/38774">Shelby, MS 38774 housing market data from OfferBacked</a></div>
<script async src="https://offerbacked.com/widget.js"></script>

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

Preview Dark version

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