Is Tupelo, MS 38801 a buyer’s or seller’s market?
Tupelo is a seller’s market. With about 2.9 months of supply and 0% 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 30% of U.S. ZIP codes, and #33 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 Tupelo housing market right now
In the three months ending August 31, 2026, 0% of homes in Tupelo, MS 38801 sold above their list price, the typical home went under contract in 32 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 85 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (37 days then) and the median sale price rose 23% to $264,785. Overall, Tupelo is about as competitive as it was a year ago.
Within Lee County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Tupelo ranks #33 of 89 MS ZIP codes with enough sales (score 33 out of 100).
Run the numbers for 38801
Nearby markets
Guntown 38849Seller’s market $154 /sq ftMooreville 38857Seller’s market $168 /sq ftPlantersville 38862Buyer’s market $104 /sq ftSaltillo 38866Seller’s market $148 /sq ft Browse all markets →Towns like Tupelo nearby
Find towns like Tupelo in other states →Where Tupelo is
Loading map…
Questions about Tupelo real estate
Is Tupelo a buyer’s or seller’s market?
A seller’s market: there were 2.9 months of supply in Tupelo, MS 38801 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 Tupelo?
The typical home went under contract in 32 days in the latest three months.
Do homes in Tupelo sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.6% of the list price.
What are property taxes in Tupelo?
About 0.69% of a home’s value a year in Lee County, or roughly $2,760 on a $400,000 home.
What is the median home price in Tupelo?
The median sale price was $264,785 in the three months ending August 31, 2026, about $141 per square foot.
Local agents
See all agents in 38801 →No sponsored agents in 38801 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 38801
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology