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Is Louin, MS 39338 a buyer’s or seller’s market?

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

Louin is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market2Listing to accepted offer
Median price per sq ft$110▼ −23.0% vs. last year

The Louin housing market right now

In the three months ending August 31, 2026, 0% of homes in Louin, MS 39338 sold above their list price, the typical home went under contract in 2 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, 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 faster (58 days then) and the median sale price rose 9% to $224,903. Overall, Louin is more competitive than a year ago, so tougher for buyers.

Within Jasper County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Run the numbers for 39338

Prefilled for 39338Can I win this house?Multiple-offer likelihood for a listing Prefilled for 39338Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bay Springs 39422Buyer’s market $82 /sq ftHeidelberg 39439Balanced $69 /sq ftPachuta 39347Buyer’s market $179 /sq ftRose Hill 39356 $257 /sq ft Browse all markets →

Towns like Louin nearby

Find towns like Louin in other states →
Taylorsville, MS39168 · 21 miles away72% similarpricier homes ($30K more) · larger Bay Springs, MS39422 · 11 miles away71% similarpricier homes ($29K more) · older residents Chunky, MS39323 · 23 miles away66% similarpricier homes ($39K more) · smaller Union, MS39365 · 38 miles away65% similarpricier homes ($40K more) · larger

Where Louin is

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Questions about Louin real estate

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

A buyer’s market: there were 9.6 months of supply in Louin, MS 39338 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 Louin?

The typical home went under contract in 2 days in the latest three months.

Do homes in Louin sell over asking?

0% of homes sold above their original list price.

What are property taxes in Louin?

About 0.69% of a home’s value a year in Jasper County, or roughly $2,760 on a $400,000 home.

What is the median home price in Louin?

The median sale price was $224,903 in the three months ending August 31, 2026, about $110 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