Is Neely, MS 39461 a buyer’s or seller’s market?

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

Neely is a seller’s market. With about 3.2 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.

Months of supply3.2Under 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 market243Listing to accepted offer
Median price per sq ft$83

The Neely housing market right now

In the three months ending August 31, 2026, 0% of homes in Neely, MS 39461 sold above their list price, the typical home went under contract in 243 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.

The median sale price was $193,916, or about $83 per square foot.

Nearby markets

Leakesville 39451Buyer’s market $101 /sq ftMc Lain 39456 $37 /sq ftState Line 39362Seller’s market $62 /sq ft Browse all markets →

Where Neely is

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Questions about Neely real estate

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

A seller’s market: there were 3.2 months of supply in Neely, MS 39461 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 Neely?

The typical home went under contract in 243 days in the latest three months.

Do homes in Neely 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 Neely?

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 Neely?

The median sale price was $193,916 in the three months ending August 31, 2026, about $83 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