Is Ovett, MS 39464 a buyer’s or seller’s market?
Ovett is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Ovett housing market right now
In the three months ending August 31, 2026, 0% of homes in Ovett, MS 39464 sold above their list price, the typical home went under contract in 65 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 2 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 (63 days then) and the median sale price rose 80% to $359,844. Overall, Ovett is about as competitive as it was a year ago.
Within Jones County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Run the numbers for 39464
Nearby markets
Ellisville 39437Seller’s market $143 /sq ftLaurel 39440Seller’s market $111 /sq ftLaurel 39443Seller’s market $133 /sq ftMoselle 39459Balanced $116 /sq ft Browse all markets →Towns like Ovett nearby
Find towns like Ovett in other states →Where Ovett is
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Questions about Ovett real estate
Is Ovett a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Ovett, MS 39464 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 Ovett?
The typical home went under contract in 65 days in the latest three months.
Do homes in Ovett sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 103.0% of the list price.
What are property taxes in Ovett?
About 0.74% of a home’s value a year in Jones County, or roughly $2,960 on a $400,000 home.
What is the median home price in Ovett?
The median sale price was $359,844 in the three months ending August 31, 2026, about $115 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