Is Gloster, MS 39638 a buyer’s or seller’s market?
Gloster is a buyer’s market. With about 7.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Gloster housing market right now
In the three months ending August 31, 2026, 33% of homes in Gloster, MS 39638 sold above their list price, the typical home went under contract in 70 days and there were 7.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (334 days then) and the median sale price rose 264% to $116,450. Overall, Gloster is more competitive than a year ago, so tougher for buyers.
Nearby, buyers who want less competition could look at Liberty 39645 (17% sold over asking), while Smithdale 39664 (50% sold over asking) is even more competitive.
Run the numbers for 39638
Nearby markets
Liberty 39645Balanced $100 /sq ftSmithdale 39664Seller’s market $189 /sq ft Browse all markets →Towns like Gloster nearby
Find towns like Gloster in other states →Where Gloster is
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Questions about Gloster real estate
Is Gloster a buyer’s or seller’s market?
A buyer’s market: there were 7.5 months of supply in Gloster, MS 39638 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 Gloster?
The typical home went under contract in 70 days in the latest three months.
Do homes in Gloster sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 88.8% of the list price.
What are property taxes in Gloster?
About 0.38% of a home’s value a year in Amite County, or roughly $1,520 on a $400,000 home.
What is the median home price in Gloster?
The median sale price was $116,450 in the three months ending August 31, 2026, about $53 per square foot.
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More tools for 39638
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology