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Is Forest, MS 39074 a buyer’s or seller’s market?

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

Forest is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list10%Share of sales, last 3 months
Median sale-to-list96.5%Sold price ÷ list price
Median days on market44Listing to accepted offer
Median price per sq ft$109▲ +8.1% vs. last year

The Forest housing market right now

In the three months ending August 31, 2026, 10% of homes in Forest, MS 39074 sold above their list price, the typical home went under contract in 44 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 10 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (51 days then) and the median sale price fell 17% to $189,643. Overall, Forest is more competitive than a year ago, so tougher for buyers.

Run the numbers for 39074

Prefilled for 39074Can I win this house?Multiple-offer likelihood for a listing Prefilled for 39074Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Lake 39092 — /sq ftMorton 39117Buyer’s market $116 /sq ftSebastopol 39359 — /sq ft Browse all markets →

Towns like Forest nearby

Find towns like Forest in other states →
Newton, MS39345 · 17 miles away81% similarsmaller · older residents Walnut Grove, MS39189 · 19 miles away76% similarsmaller · 8 min longer commute Philadelphia, MS39350 · 35 miles away76% similarlarger · more single-family homes Magee, MS39111 · 38 miles away75% similarpricier homes ($35K more) · smaller

Where Forest is

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Questions about Forest real estate

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

A buyer’s market: there were 6.4 months of supply in Forest, MS 39074 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 Forest?

The typical home went under contract in 44 days in the latest three months.

Do homes in Forest sell over asking?

10% of homes sold above their original list price, and the typical sale closed at 96.5% of the list price.

What are property taxes in Forest?

About 0.67% of a home’s value a year in Scott County, or roughly $2,680 on a $400,000 home.

What is the median home price in Forest?

The median sale price was $189,643 in the three months ending August 31, 2026, about $109 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