Is Oak Vale, MS 39656 a buyer’s or seller’s market?
Oak Vale is a seller’s market. With about 3.2 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 Oak Vale housing market right now
In the three months ending August 31, 2026, 0% of homes in Oak Vale, MS 39656 sold above their list price, the typical home went under contract in 6 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.
The median sale price was $64,972, or about $47 per square foot.
Nearby, Prentiss 39474 (29% sold over asking) is even more competitive.
Run the numbers for 39656
Nearby markets
Bassfield 39421 — /sq ftCarson 39427 — /sq ftNewhebron 39140Buyer’s market $38 /sq ftPrentiss 39474Buyer’s market $73 /sq ft Browse all markets →Where Oak Vale is
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Questions about Oak Vale real estate
Is Oak Vale a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Oak Vale, MS 39656 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 Oak Vale?
The typical home went under contract in 6 days in the latest three months.
Do homes in Oak Vale sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 81.8% of the list price.
What are property taxes in Oak Vale?
About 0.89% of a home’s value a year in Jefferson Davis County, or roughly $3,560 on a $400,000 home.
What is the median home price in Oak Vale?
The median sale price was $64,972 in the three months ending August 31, 2026, about $47 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