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Is Louisville, MS 39339 a buyer’s or seller’s market?

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

Louisville is a buyer’s market. With about 16 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply16Under 4 months = seller’s market
Sold above original list99.9%Share of sales, last 3 months
Median sale-to-list100.5%Sold price ÷ list price
Median days on market3Listing to accepted offer
Median price per sq ft$82▲ +239.4% vs. last year

The Louisville housing market right now

In the three months ending August 31, 2026, 100% of homes in Louisville, MS 39339 sold above their list price, the typical home went under contract in 3 days and there were 16 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 rose from 0%, homes sold faster (1,014 days then) and the median sale price rose 209% to $169,827. Overall, Louisville is more competitive than a year ago, so tougher for buyers.

Run the numbers for 39339

Prefilled for 39339Can I win this house?Multiple-offer likelihood for a listing Prefilled for 39339Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Noxapater 39346 — /sq ft Browse all markets →

Towns like Louisville nearby

Find towns like Louisville in other states →
Eupora, MS39744 · 34 miles away90% similarsmaller Ackerman, MS39735 · 20 miles away85% similarsmaller Carthage, MS39051 · 36 miles away82% similar10 min longer commute De Kalb, MS39328 · 32 miles away79% similarcheaper homes ($38K less) · smaller

Where Louisville is

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Questions about Louisville real estate

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

A buyer’s market: there were 16 months of supply in Louisville, MS 39339 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 Louisville?

The typical home went under contract in 3 days in the latest three months.

Do homes in Louisville sell over asking?

100% of homes sold above their original list price, and the typical sale closed at 100.5% of the list price.

What are property taxes in Louisville?

About 0.65% of a home’s value a year in Winston County, or roughly $2,600 on a $400,000 home.

What is the median home price in Louisville?

The median sale price was $169,827 in the three months ending August 31, 2026, about $82 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