Is Pontotoc, MS 38863 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Pontotoc is a balanced market. With about 4.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.7Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market37Listing to accepted offer
Median price per sq ft$137▼ −2.4% vs. last year

The Pontotoc housing market right now

In the three months ending August 31, 2026, 0% of homes in Pontotoc, MS 38863 sold above their list price, the typical home went under contract in 37 days and there were 4.7 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 28 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (41 days then) and the median sale price rose 2% to $271,882. Overall, Pontotoc is about as competitive as it was a year ago.

Within Pontotoc County, homes here sell faster than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby markets

Belden 38826Balanced $172 /sq ftEcru 38841Seller’s market $155 /sq ftRandolph 38864Seller’s market $79 /sq ftThaxton 38871Balanced $187 /sq ft Browse all markets →

Where Pontotoc is

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Questions about Pontotoc real estate

Is Pontotoc a buyer’s or seller’s market?

A balanced market: there were 4.7 months of supply in Pontotoc, MS 38863 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 Pontotoc?

The typical home went under contract in 37 days in the latest three months.

Do homes in Pontotoc sell over asking?

0% of homes sold above their original list price.

What are property taxes in Pontotoc?

About 0.58% of a home’s value a year in Pontotoc County, or roughly $2,320 on a $400,000 home.

What is the median home price in Pontotoc?

The median sale price was $271,882 in the three months ending August 31, 2026, about $137 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