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Is Conehatta, MS 39057 a buyer’s or seller’s market?

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

Conehatta 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-list91.3%Sold price ÷ list price
Median days on market42Listing to accepted offer
Median price per sq ft$66▼ −48.8% vs. last year

The Conehatta housing market right now

In the three months ending August 31, 2026, 0% of homes in Conehatta, MS 39057 sold above their list price, the typical home went under contract in 42 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 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 faster (79 days then) and the median sale price fell 63% to $121,847. Overall, Conehatta is more competitive than a year ago, so tougher for buyers.

Run the numbers for 39057

Prefilled for 39057Can I win this house?Multiple-offer likelihood for a listing Prefilled for 39057Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Chunky 39323 — /sq ftDecatur 39327Buyer’s market $113 /sq ftHickory 39332 — /sq ftLawrence 39336 — /sq ft Browse all markets →

Towns like Conehatta nearby

Find towns like Conehatta in other states →
Enterprise, MS39330 · 33 miles away79% similarmore apartments and townhomes Collinsville, MS39325 · 24 miles away77% similarhigher income ($26K more) · larger Bay Springs, MS39422 · 36 miles away74% similarcheaper homes ($71K less) · larger Little Rock, MS39337 · 16 miles away73% similarcheaper homes ($47K less) · smaller

Where Conehatta is

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Questions about Conehatta real estate

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

A seller’s market: there were 3.2 months of supply in Conehatta, MS 39057 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 Conehatta?

The typical home went under contract in 42 days in the latest three months.

Do homes in Conehatta sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 91.3% of the list price.

What are property taxes in Conehatta?

About 0.73% of a home’s value a year in Newton County, or roughly $2,920 on a $400,000 home.

What is the median home price in Conehatta?

The median sale price was $121,847 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