Is Houston, MS 38851 a buyer’s or seller’s market?
Houston is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Houston housing market right now
In the three months ending August 31, 2026, 0% of homes in Houston, MS 38851 sold above their list price, the typical home went under contract in 38 days and there were 4.8 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. With only 6 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 faster (48 days then) and the median sale price fell 6% to $159,831. Overall, Houston is more competitive than a year ago, so tougher for buyers.
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Questions about Houston real estate
Is Houston a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Houston, MS 38851 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 Houston?
The typical home went under contract in 38 days in the latest three months.
Do homes in Houston sell over asking?
0% of homes sold above their original list price.
What are property taxes in Houston?
About 0.73% of a home’s value a year in Chickasaw County, or roughly $2,920 on a $400,000 home.
What is the median home price in Houston?
The median sale price was $159,831 in the three months ending August 31, 2026, about $104 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