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Is Banner, MS 38913 a buyer’s or seller’s market?

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

Banner is a seller’s market. With about 3.2 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 supply3.2Under 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 market4Listing to accepted offer
Median price per sq ft$66▼ −33.6% vs. last year

The Banner housing market right now

In the three months ending August 31, 2026, 0% of homes in Banner, MS 38913 sold above their list price, the typical home went under contract in 4 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 faster (88 days then) and the median sale price fell 72% to $53,877. Overall, Banner is more competitive than a year ago, so tougher for buyers.

Within Calhoun County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Run the numbers for 38913

Prefilled for 38913Can I win this house?Multiple-offer likelihood for a listing Prefilled for 38913Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bruce 38915Buyer’s market $89 /sq ftCalhoun City 38916Balanced $68 /sq ftPittsboro 38951Seller’s market $82 /sq ftVardaman 38878Buyer’s market $56 /sq ft Browse all markets →

Where Banner is

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Questions about Banner real estate

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

A seller’s market: there were 3.2 months of supply in Banner, MS 38913 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 Banner?

The typical home went under contract in 4 days in the latest three months.

Do homes in Banner sell over asking?

0% of homes sold above their original list price.

What are property taxes in Banner?

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 Banner?

The median sale price was $53,877 in the three months ending August 31, 2026, about $66 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