OfferBackedBuyer Tools

Is Rienzi, MS 38865 a buyer’s or seller’s market?

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

Rienzi is a seller’s market. With about 2.7 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.

Months of supply2.7Under 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 market15Listing to accepted offer
Median price per sq ft$76▼ −56.2% vs. last year

The Rienzi housing market right now

In the three months ending August 31, 2026, 0% of homes in Rienzi, MS 38865 sold above their list price, the typical home went under contract in 15 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 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 (193 days then) and the median sale price fell 48% to $139,839. Overall, Rienzi is more competitive than a year ago, so tougher for buyers.

Run the numbers for 38865

Prefilled for 38865Can I win this house?Multiple-offer likelihood for a listing Prefilled for 38865Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Corinth 38834Balanced $122 /sq ftGlen 38846Seller’s market $136 /sq ft Browse all markets →

Towns like Rienzi nearby

Find towns like Rienzi in other states →
Baldwyn, MS38824 · 19 miles away88% similarlarger Blue Mountain, MS38610 · 26 miles away87% similarsmaller · more renters Michie, TN38357 · 20 miles away82% similarpricier homes ($76K more) Golden, MS38847 · 31 miles away79% similar7 min shorter commute

Where Rienzi is

Loading map…

Questions about Rienzi real estate

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

A seller’s market: there were 2.7 months of supply in Rienzi, MS 38865 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 Rienzi?

The typical home went under contract in 15 days in the latest three months.

Do homes in Rienzi sell over asking?

0% of homes sold above their original list price.

What are property taxes in Rienzi?

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

What is the median home price in Rienzi?

The median sale price was $139,839 in the three months ending August 31, 2026, about $76 per square foot.

Local agents

See all agents in 38865 →

No sponsored agents in 38865 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 38865

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 Alcorn County property taxesAlcorn County loan limitsClosing costs in MississippiHottest ZIP codes in Mississippi
Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

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