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Is Saltillo, MS 38866 a buyer’s or seller’s market?

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

Saltillo is a seller’s market. With about 3.6 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 supply3.6Under 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$148▲ +0.7% vs. last year

The Saltillo housing market right now

In the three months ending August 31, 2026, 0% of homes in Saltillo, MS 38866 sold above their list price, the typical home went under contract in 37 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 52 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 2%, homes sold more slowly (35 days then) and the median sale price rose 16% to $299,770. Overall, Saltillo is about as competitive as it was a year ago.

Within Lee County, homes here sell more slowly than in 67% 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 38866

Prefilled for 38866Can I win this house?Multiple-offer likelihood for a listing Prefilled for 38866Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Guntown 38849Seller’s market $154 /sq ftMooreville 38857Seller’s market $168 /sq ftPlantersville 38862Buyer’s market $104 /sq ftShannon 38868Buyer’s market $109 /sq ft Browse all markets →

Towns like Saltillo nearby

Find towns like Saltillo in other states →
Guntown, MS38849 · 5 miles away84% similarcheaper homes ($69K less) · smaller Belden, MS38826 · 12 miles away80% similarpricier homes ($33K more) · smaller Mooreville, MS38857 · 8 miles away77% similarcheaper homes ($31K less) · smaller Myrtle, MS38650 · 28 miles away73% similarcheaper homes ($36K less) · smaller

Where Saltillo is

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Questions about Saltillo real estate

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

A seller’s market: there were 3.6 months of supply in Saltillo, MS 38866 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 Saltillo?

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

Do homes in Saltillo sell over asking?

0% of homes sold above their original list price.

What are property taxes in Saltillo?

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 Saltillo?

The median sale price was $299,770 in the three months ending August 31, 2026, about $148 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