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Is Leakesville, MS 39451 a buyer’s or seller’s market?

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

Leakesville is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list94.2%Sold price ÷ list price
Median days on market73Listing to accepted offer
Median price per sq ft$101▼ −34.2% vs. last year

The Leakesville housing market right now

In the three months ending August 31, 2026, 0% of homes in Leakesville, MS 39451 sold above their list price, the typical home went under contract in 73 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 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 faster (200 days then) and the median sale price fell 20% to $219,905. Overall, Leakesville is more competitive than a year ago, so tougher for buyers.

Run the numbers for 39451

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Nearby markets

Mc Lain 39456 $37 /sq ftNeely 39461Seller’s market $83 /sq ftState Line 39362Seller’s market $62 /sq ft Browse all markets →

Towns like Leakesville nearby

Find towns like Leakesville in other states →
Richton, MS39476 · 26 miles away78% similarpricier homes ($33K more) · 9 min shorter commute Chunchula, AL36521 · 27 miles away72% similarpricier homes ($71K more) · younger residents Wilmer, AL36587 · 25 miles away65% similarpricier homes ($50K more) · larger Citronelle, AL36522 · 19 miles away59% similarpricier homes ($51K more) · 15 min shorter commute

Where Leakesville is

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Questions about Leakesville real estate

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

A buyer’s market: there were 6.4 months of supply in Leakesville, MS 39451 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 Leakesville?

The typical home went under contract in 73 days in the latest three months.

Do homes in Leakesville sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 94.2% of the list price.

What are property taxes in Leakesville?

About 0.85% of a home’s value a year in Greene County, or roughly $3,400 on a $400,000 home.

What is the median home price in Leakesville?

The median sale price was $219,905 in the three months ending August 31, 2026, about $101 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