Is Flora, MS 39071 a buyer’s or seller’s market?

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

Flora 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-list96.8%Sold price ÷ list price
Median days on market53Listing to accepted offer
Median price per sq ft$215▲ +8.1% vs. last year

The Flora housing market right now

In the three months ending August 31, 2026, 0% of homes in Flora, MS 39071 sold above their list price, the typical home went under contract in 53 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. That’s based on 12 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 14%, homes sold faster (76 days then) and the median sale price fell 13% to $562,257. Overall, Flora is less competitive than a year ago, which gives buyers more room.

Nearby, Ridgeland 39157 (15% sold over asking) and Canton 39046 (14% sold over asking) are even more competitive.

Nearby markets

Camden 39045 — /sq ftCanton 39046Balanced $177 /sq ftMadison 39110Seller’s market $180 /sq ftPickens 39146 — /sq ft Browse all markets →

Where Flora is

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Questions about Flora real estate

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

A seller’s market: there were 3.2 months of supply in Flora, MS 39071 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 Flora?

The typical home went under contract in 53 days in the latest three months.

Do homes in Flora sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 96.8% of the list price.

What are property taxes in Flora?

About 0.68% of a home’s value a year in Madison County, or roughly $2,720 on a $400,000 home.

What is the median home price in Flora?

The median sale price was $562,257 in the three months ending August 31, 2026, about $215 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