Is Mooreville, MS 38857 a buyer’s or seller’s market?
Mooreville is a seller’s market. With about 1.7 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 Mooreville housing market right now
In the three months ending August 31, 2026, 0% of homes in Mooreville, MS 38857 sold above their list price, the typical home went under contract in 23 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 15 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (31 days then) and the median sale price rose 35% to $296,372. Overall, Mooreville is about as competitive as it was a year ago.
Within Lee County, homes here sell faster than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Run the numbers for 38857
Nearby markets
Guntown 38849Seller’s market $154 /sq ftPlantersville 38862Buyer’s market $104 /sq ftSaltillo 38866Seller’s market $148 /sq ftShannon 38868Buyer’s market $109 /sq ft Browse all markets →Towns like Mooreville nearby
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Questions about Mooreville real estate
Is Mooreville a buyer’s or seller’s market?
A seller’s market: there were 1.7 months of supply in Mooreville, MS 38857 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 Mooreville?
The typical home went under contract in 23 days in the latest three months.
Do homes in Mooreville sell over asking?
0% of homes sold above their original list price.
What are property taxes in Mooreville?
About 0.69% of a home’s value a year in Lee County, or roughly $2,760 on a $400,000 home.
What is the median home price in Mooreville?
The median sale price was $296,372 in the three months ending August 31, 2026, about $168 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