Is Itta Bena, MS 38941 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

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

Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list105%Sold price ÷ list price
Median days on market136Listing to accepted offer
Median price per sq ft$41▼ −6.7% vs. last year

The Itta Bena housing market right now

In the three months ending August 31, 2026, 0% of homes in Itta Bena, MS 38941 sold above their list price and the typical home went under contract in 136 days. With only 2 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 more slowly (30 days then) and the median sale price fell 22% to $85,963. Overall, Itta Bena is less competitive than a year ago, which gives buyers more room.

Nearby markets

Greenwood 38930Balanced $67 /sq ft Browse all markets →

Where Itta Bena is

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Questions about Itta Bena real estate

How fast do homes sell in Itta Bena?

The typical home went under contract in 136 days in the latest three months.

Do homes in Itta Bena sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 105.0% of the list price.

What are property taxes in Itta Bena?

About 1.02% of a home’s value a year in Leflore County, or roughly $4,080 on a $400,000 home.

What is the median home price in Itta Bena?

The median sale price was $85,963 in the three months ending August 31, 2026, about $41 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