Is Seminary, MS 39479 a buyer’s or seller’s market?

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

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.

Months of supply2.9Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market61Listing to accepted offer
Median price per sq ft$145▲ +6.6% vs. last year

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.

Nearby markets

Collins 39428Buyer’s market $126 /sq ftMount Olive 39119Balanced $105 /sq ft Browse all markets →

Where Seminary is

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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