Is Magee, MS 39111 a buyer’s or seller’s market?
Magee is a seller’s market. With about 3.8 months of supply and 5% 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.
More competitive than 17% of U.S. ZIP codes, and #53 of 89 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Magee housing market right now
In the three months ending August 31, 2026, 5% of homes in Magee, MS 39111 sold above their list price, the typical home went under contract in 56 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 23 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 7%, homes sold faster (93 days then) and the median sale price rose 65% to $258,888. Overall, Magee is more competitive than a year ago, so tougher for buyers.
Within Simpson County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Magee ranks #53 of 89 MS ZIP codes with enough sales (score 23 out of 100).
Nearby, buyers who want less competition could look at Pinola 39149 (0% sold over asking) or Harrisville 39082 (0% sold over asking), while Mendenhall 39114 (10% sold over asking) is even more competitive.
Run the numbers for 39111
Nearby markets
Braxton 39044Seller’s market $131 /sq ftD Lo 39062 — /sq ftHarrisville 39082Balanced $85 /sq ftMendenhall 39114Buyer’s market $136 /sq ft Browse all markets →Towns like Magee nearby
Find towns like Magee in other states →Where Magee is
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Questions about Magee real estate
Is Magee a buyer’s or seller’s market?
A seller’s market: there were 3.8 months of supply in Magee, MS 39111 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 Magee?
The typical home went under contract in 56 days in the latest three months.
Do homes in Magee sell over asking?
5% of homes sold above their original list price, and the typical sale closed at 97.6% of the list price.
What are property taxes in Magee?
About 0.61% of a home’s value a year in Simpson County, or roughly $2,440 on a $400,000 home.
What is the median home price in Magee?
The median sale price was $258,888 in the three months ending August 31, 2026, about $153 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