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Is Newhebron, MS 39140 a buyer’s or seller’s market?

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

Newhebron is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market62Listing to accepted offer
Median price per sq ft$38▼ −50.3% vs. last year

The Newhebron housing market right now

In the three months ending August 31, 2026, 0% of homes in Newhebron, MS 39140 sold above their list price, the typical home went under contract in 62 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. 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 more slowly (28 days then) and the median sale price fell 43% to $48,429. Overall, Newhebron is less competitive than a year ago, which gives buyers more room.

Nearby, Prentiss 39474 (29% sold over asking) is even more competitive.

Run the numbers for 39140

Prefilled for 39140Can I win this house?Multiple-offer likelihood for a listing Prefilled for 39140Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bassfield 39421 — /sq ftCarson 39427 — /sq ftOak Vale 39656Seller’s market $47 /sq ftPrentiss 39474Buyer’s market $73 /sq ft Browse all markets →

Towns like Newhebron nearby

Find towns like Newhebron in other states →
Bassfield, MS39421 · 24 miles away81% similarolder residents Silver Creek, MS39663 · 11 miles away70% similarmore apartments and townhomes Monticello, MS39654 · 16 miles away69% similarlarger · more renters Prentiss, MS39474 · 12 miles away68% similarlarger · more renters

Where Newhebron is

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Questions about Newhebron real estate

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

A buyer’s market: there were 8 months of supply in Newhebron, MS 39140 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 Newhebron?

The typical home went under contract in 62 days in the latest three months.

Do homes in Newhebron sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in Newhebron?

About 0.89% of a home’s value a year in Jefferson Davis County, or roughly $3,560 on a $400,000 home.

What is the median home price in Newhebron?

The median sale price was $48,429 in the three months ending August 31, 2026, about $38 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