Is Sumrall, MS 39482 a buyer’s or seller’s market?
Sumrall is a seller’s market. With about 3.8 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.
More competitive than 16% of U.S. ZIP codes, and #56 of 89 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Sumrall housing market right now
In the three months ending August 31, 2026, 0% of homes in Sumrall, MS 39482 sold above their list price, the typical home went under contract in 79 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 43 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 (58 days then) and the median sale price rose 18% to $348,904. Overall, Sumrall is less competitive than a year ago, which gives buyers more room.
On our competition score, Sumrall ranks #56 of 89 MS ZIP codes with enough sales (score 21 out of 100).
Nearby, Lumberton 39455 (7% sold over asking) is even more competitive.
Run the numbers for 39482
Nearby markets
Hattiesburg 39402Seller’s market $153 /sq ftLumberton 39455Buyer’s market $168 /sq ftPurvis 39475Seller’s market $155 /sq ft Browse all markets →Towns like Sumrall nearby
Find towns like Sumrall in other states →Where Sumrall is
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Questions about Sumrall real estate
Is Sumrall a buyer’s or seller’s market?
A seller’s market: there were 3.8 months of supply in Sumrall, MS 39482 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 Sumrall?
The typical home went under contract in 79 days in the latest three months.
Do homes in Sumrall sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.5% of the list price.
What are property taxes in Sumrall?
About 0.66% of a home’s value a year in Lamar County, or roughly $2,640 on a $400,000 home.
What is the median home price in Sumrall?
The median sale price was $348,904 in the three months ending August 31, 2026, about $176 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