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Is Blue Springs, MS 38828 a buyer’s or seller’s market?

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

Blue Springs is a seller’s market. With about 2.6 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.

Months of supply2.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market47Listing to accepted offer
Median price per sq ft$161▲ +21.5% vs. last year

The Blue Springs housing market right now

In the three months ending August 31, 2026, 0% of homes in Blue Springs, MS 38828 sold above their list price, the typical home went under contract in 47 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 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 (38 days then) and the median sale price held steady to $224,903. Overall, Blue Springs is less competitive than a year ago, which gives buyers more room.

Run the numbers for 38828

Prefilled for 38828Can I win this house?Multiple-offer likelihood for a listing Prefilled for 38828Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Myrtle 38650Seller’s market $126 /sq ftNew Albany 38652Balanced $164 /sq ft Browse all markets →

Towns like Blue Springs nearby

Find towns like Blue Springs in other states →
Guntown, MS38849 · 9 miles away91% similarVery close on income, prices and more Myrtle, MS38650 · 17 miles away82% similarpricier homes ($26K more) · older residents Nettleton, MS38858 · 28 miles away81% similarcheaper homes ($34K less) · older residents Fulton, MS38843 · 29 miles away79% similarlarger

Where Blue Springs is

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Questions about Blue Springs real estate

Is Blue Springs a buyer’s or seller’s market?

A seller’s market: there were 2.6 months of supply in Blue Springs, MS 38828 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 Blue Springs?

The typical home went under contract in 47 days in the latest three months.

Do homes in Blue Springs sell over asking?

0% of homes sold above their original list price.

What are property taxes in Blue Springs?

About 0.56% of a home’s value a year in Union County, or roughly $2,240 on a $400,000 home.

What is the median home price in Blue Springs?

The median sale price was $224,903 in the three months ending August 31, 2026, about $161 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