Is Seminary, MS 39479 a buyer’s or seller’s market?
Seminary is a seller’s market. With about 2.9 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.
The Seminary housing market right now
In the three months ending August 31, 2026, 0% of homes in Seminary, MS 39479 sold above their list price, the typical home went under contract in 61 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 11 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (25 days then) and the median sale price rose 11% to $289,775. Overall, Seminary is less competitive than a year ago, which gives buyers more room.
Run the numbers for 39479
Nearby markets
Collins 39428Buyer’s market $126 /sq ftMount Olive 39119Balanced $105 /sq ft Browse all markets →Towns like Seminary nearby
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Questions about Seminary real estate
Is Seminary a buyer’s or seller’s market?
A seller’s market: there were 2.9 months of supply in Seminary, MS 39479 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 Seminary?
The typical home went under contract in 61 days in the latest three months.
Do homes in Seminary sell over asking?
0% of homes sold above their original list price.
What are property taxes in Seminary?
About 0.59% of a home’s value a year in Covington County, or roughly $2,360 on a $400,000 home.
What is the median home price in Seminary?
The median sale price was $289,775 in the three months ending August 31, 2026, about $145 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