Is Pelahatchie, MS 39145 a buyer’s or seller’s market?
Pelahatchie is a seller’s market. With about 3.6 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.
The Pelahatchie housing market right now
In the three months ending August 31, 2026, 0% of homes in Pelahatchie, MS 39145 sold above their list price, the typical home went under contract in 46 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 8 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 (19 days then) and the median sale price rose 182% to $383,834. Overall, Pelahatchie is less competitive than a year ago, which gives buyers more room.
Within Rankin County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Brandon 39042 (13% sold over asking) and Richland 39218 (12% sold over asking) are even more competitive.
Run the numbers for 39145
Nearby markets
Brandon 39042Seller’s market $166 /sq ftBrandon 39047Seller’s market $172 /sq ftFlorence 39073Seller’s market $157 /sq ftFlowood 39232Seller’s market $187 /sq ft Browse all markets →Towns like Pelahatchie nearby
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Questions about Pelahatchie real estate
Is Pelahatchie a buyer’s or seller’s market?
A seller’s market: there were 3.6 months of supply in Pelahatchie, MS 39145 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 Pelahatchie?
The typical home went under contract in 46 days in the latest three months.
Do homes in Pelahatchie sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.8% of the list price.
What are property taxes in Pelahatchie?
About 0.60% of a home’s value a year in Rankin County, or roughly $2,400 on a $400,000 home.
What is the median home price in Pelahatchie?
The median sale price was $383,834 in the three months ending August 31, 2026, about $169 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