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Is Vardaman, MS 38878 a buyer’s or seller’s market?

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

Vardaman is a buyer’s market. With about 12.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply12.8Under 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 market98Listing to accepted offer
Median price per sq ft$56▼ −46.2% vs. last year

The Vardaman housing market right now

In the three months ending August 31, 2026, 0% of homes in Vardaman, MS 38878 sold above their list price, the typical home went under contract in 98 days and there were 12.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, 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 more slowly (91 days then) and the median sale price fell 73% to $68,970. Overall, Vardaman is about as competitive as it was a year ago.

Within Calhoun County, homes here sell faster than in 50% 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 38878

Prefilled for 38878Can I win this house?Multiple-offer likelihood for a listing Prefilled for 38878Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Banner 38913Seller’s market $66 /sq ftBruce 38915Buyer’s market $89 /sq ftCalhoun City 38916Balanced $68 /sq ftPittsboro 38951Seller’s market $82 /sq ft Browse all markets →

Towns like Vardaman nearby

Find towns like Vardaman in other states →
Woodland, MS39776 · 12 miles away76% similarsmaller · 9 min shorter commute Maben, MS39750 · 25 miles away76% similarpricier homes ($30K more) · larger Okolona, MS38860 · 25 miles away73% similarpricier homes ($25K more) · larger Calhoun City, MS38916 · 9 miles away72% similarlarger · older residents

Where Vardaman is

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Questions about Vardaman real estate

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

A buyer’s market: there were 12.8 months of supply in Vardaman, MS 38878 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 Vardaman?

The typical home went under contract in 98 days in the latest three months.

Do homes in Vardaman sell over asking?

0% of homes sold above their original list price.

What are property taxes in Vardaman?

About 0.66% of a home’s value a year in Calhoun County, or roughly $2,640 on a $400,000 home.

What is the median home price in Vardaman?

The median sale price was $68,970 in the three months ending August 31, 2026, about $56 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