Is Baldwyn, MS 38824 a buyer’s or seller’s market?
Baldwyn is a seller’s market. With about 3.2 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.
The Baldwyn housing market right now
In the three months ending August 31, 2026, 0% of homes in Baldwyn, MS 38824 sold above their list price, the typical home went under contract in 40 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 10 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (46 days then) and the median sale price rose 74% to $152,384. Overall, Baldwyn is about as competitive as it was a year ago.
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Questions about Baldwyn real estate
Is Baldwyn a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Baldwyn, MS 38824 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 Baldwyn?
The typical home went under contract in 40 days in the latest three months.
Do homes in Baldwyn sell over asking?
0% of homes sold above their original list price.
What are property taxes in Baldwyn?
About 0.73% of a home’s value a year in Prentiss County, or roughly $2,920 on a $400,000 home.
What is the median home price in Baldwyn?
The median sale price was $152,384 in the three months ending August 31, 2026, about $120 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