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Is Lena, MS 39094 a buyer’s or seller’s market?

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

Lena 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-list88.3%Sold price ÷ list price
Median days on market9Listing to accepted offer
Median price per sq ft$128▼ −5.4% vs. last year

The Lena housing market right now

In the three months ending August 31, 2026, 0% of homes in Lena, MS 39094 sold above their list price, the typical home went under contract in 9 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 fell from 50%, homes sold faster (26 days then) and the median sale price fell 33% to $251,391. Overall, Lena is less competitive than a year ago, which gives buyers more room.

Run the numbers for 39094

Prefilled for 39094Can I win this house?Multiple-offer likelihood for a listing Prefilled for 39094Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Carthage 39051Seller’s market $85 /sq ftWalnut Grove 39189 — /sq ft Browse all markets →

Towns like Lena nearby

Find towns like Lena in other states →
Mc Cool, MS39108 · 38 miles away84% similaryounger residents Noxapater, MS39346 · 34 miles away82% similarsmaller · more single-family homes Pelahatchie, MS39145 · 27 miles away72% similarpricier homes ($68K more) · larger Little Rock, MS39337 · 34 miles away71% similarsmaller · younger residents

Where Lena is

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Questions about Lena real estate

Is Lena a buyer’s or seller’s market?

A seller’s market: there were 3.2 months of supply in Lena, MS 39094 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 Lena?

The typical home went under contract in 9 days in the latest three months.

Do homes in Lena sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 88.3% of the list price.

What are property taxes in Lena?

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

What is the median home price in Lena?

The median sale price was $251,391 in the three months ending August 31, 2026, about $128 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