Is New Site, MS 38859 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

New Site is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The New Site housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Prentiss County, MS

Population	475
Median income	$41,389
Average income	$51,632
Median home value	$136,200
Owner-occupied	93% of homes
Median year built	1987

Natural hazard riskExtreme heat (relatively high), tornadoes (relatively high), earthquakes (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 38859; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 38859

Prefilled for 38859Can I win this house?Multiple-offer likelihood for a listing Prefilled for 38859Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Baldwyn 38824Seller’s market $120 /sq ft Booneville 38829Balanced $109 /sq ft Browse all markets →

Where New Site is

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Questions about New Site real estate

What are property taxes in New Site?

About 0.73% of a home’s value a year in Prentiss County, or roughly $2,920 on a $400,000 home.

Local agents

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More tools for 38859

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Prentiss County property taxes Prentiss County loan limits Closing costs in Mississippi Hottest ZIP codes in Mississippi

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology