Is Gloster, MS 39638 a buyer’s or seller’s market?

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

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.

Months of supply7.5Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list88.8%Sold price ÷ list price
Median days on market70Listing to accepted offer
Median price per sq ft$53▲ +87.7% vs. last year

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.

Nearby markets

Liberty 39645Balanced $100 /sq ftSmithdale 39664Seller’s market $189 /sq ft Browse all markets →

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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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology