Is Iuka, MS 38852 a buyer’s or seller’s market?

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

Iuka is a buyer’s market. With about 7.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score7/ 100

More competitive than 2% of U.S. ZIP codes, and #86 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

Months of supply7.4Under 4 months = seller’s market
Sold above original list2.4%Share of sales, last 3 months
Median sale-to-list93.6%Sold price ÷ list price
Median days on market64Listing to accepted offer
Median price per sq ft$134▼ −23.3% vs. last year

The Iuka housing market right now

In the three months ending August 31, 2026, 2% of homes in Iuka, MS 38852 sold above their list price, the typical home went under contract in 64 days and there were 7.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 42 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (36 days then) and the median sale price fell 5% to $284,877. Overall, Iuka is less competitive than a year ago, which gives buyers more room.

On our competition score, Iuka ranks #86 of 89 MS ZIP codes with enough sales (score 7 out of 100).

Nearby, buyers who want less competition could look at Tishomingo 38873 (0% sold over asking) or Belmont 38827 (0% sold over asking).

Nearby markets

Belmont 38827Balanced $60 /sq ftBurnsville 38833 — /sq ftDennis 38838 — /sq ftTishomingo 38873Seller’s market $81 /sq ft Browse all markets →

Where Iuka is

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Questions about Iuka real estate

Is Iuka a buyer’s or seller’s market?

A buyer’s market: there were 7.4 months of supply in Iuka, MS 38852 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 Iuka?

The typical home went under contract in 64 days in the latest three months.

Do homes in Iuka sell over asking?

2% of homes sold above their original list price, and the typical sale closed at 93.6% of the list price.

What are property taxes in Iuka?

About 0.49% of a home’s value a year in Tishomingo County, or roughly $1,960 on a $400,000 home.

What is the median home price in Iuka?

The median sale price was $284,877 in the three months ending August 31, 2026, about $134 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