Is Booneville, MS 38829 a buyer’s or seller’s market?
Booneville is a balanced market. With about 4.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 21% of U.S. ZIP codes, and #47 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 Booneville housing market right now
In the three months ending August 31, 2026, 0% of homes in Booneville, MS 38829 sold above their list price, the typical home went under contract in 98 days and there were 4.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 32 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (20 days then) and the median sale price fell 18% to $139,839. Overall, Booneville is less competitive than a year ago, which gives buyers more room.
On our competition score, Booneville ranks #47 of 89 MS ZIP codes with enough sales (score 26 out of 100).
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Questions about Booneville real estate
Is Booneville a buyer’s or seller’s market?
A balanced market: there were 4.1 months of supply in Booneville, MS 38829 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 Booneville?
The typical home went under contract in 98 days in the latest three months.
Do homes in Booneville sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Booneville?
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 Booneville?
The median sale price was $139,839 in the three months ending August 31, 2026, about $109 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