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38611 Housing Market Report May 2025•Marshall County, Mississippi
Housing Prices in 38611, MS
How much do homes in 38611, MS cost?
Median List Price
$364,900$172/SqFt
+$15,000
+4.3%
Based on all homes listed in the last 12 months
Insight
The list price of homes in 38611 has increased by 4.3% since last year.
Summary: The median home list price in 38611 was $364,900 in May 2025, up 4.3% from the previous year, and the median price per square foot was $172.
Median List Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $247.5K | $154.9K | -37.4% |
| 33 Bedrooms | $289.9K | $295.9K | +2.1% |
| 44 Bedrooms | $375K | $385.8K | +2.9% |
| 55+ Bedrooms | $518.2K | $544.9K | +5.2% |
Summary: 38611 housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -37.4%. The home price for 3 bedroom homes increased by +2.1%. The home price for 4 bedroom homes increased by +2.9%. The home price for 5 bedroom homes increased by +5.2%.
How does 38611, MS compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
38611, MS
Housing supply in 38611, MS
How many homes are available in 38611, MS?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 97Last MonthMay 2025 | ||
| 952 months agoApr 2025 | +2.1 % Change MoMApr – May |
Summary: The 38611 real estate market had 97 homes for sale in May 2025, a 2.1 % increase compared to Apr 2025.
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 2 | +100.0% |
| 33 Bedrooms | 30 | 33 | +10.0% |
| 44 Bedrooms | 28 | 29 | +3.6% |
| 55+ Bedrooms | 36 | 33 | -8.3% |
Summary: 38611 housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +10.0%. The inventory for 4 bedroom homes increased by +3.6%. The inventory for 5 bedroom homes decreased by -8.3%.
Asking Price vs. Sold Price
How much do homes in 38611, MS cost?
Over Asking Price0 Home
At Asking Price2 Homes
Under Asking Price0 Home
Insight
If you're buying a home in 38611, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 16 homes were sold or pending in 38611 in May 2025, down by 11.1% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.
Days on Market for 38611, MS
How long does it take to sell a home in 38611, MS?
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 113 DaysThis YearMay 2025 | ||
| 163 Days1 year agoMay 2024 | -30.7 % Change YoYMay 2024 – May 2025 |
Summary: Homes in 38611 had an average listing age of 113 days in May 2025, down by 30.7% compared to the previous year.
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Newest Listings in 38611, MS
What homes are available in 38611, MS?
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MLS Disclaimers and Copyright
Based on information from MLS United, and Memphis MLS for the period 06/01/2023 - 06/01/2025
Information is deemed to be reliable but not guaranteed. Copyright 2025, MLS United, LLC.
Buyer and/or Buyer's Agent should verify data and evaluate source. This information is furnished by MLS United, LLC. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of MLS United, LLC. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Neither the MLS nor the Listing Broker will be held responsible for any typographical errors, misinformation and misprints and shall be held totally harmless. All properties are subject to prior sale, change or withdrawal.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/9/2025, 4:45:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Buyer and/or Buyer's Agent should verify data and evaluate source. This information is furnished by MLS United, LLC. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of MLS United, LLC. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Neither the MLS nor the Listing Broker will be held responsible for any typographical errors, misinformation and misprints and shall be held totally harmless. All properties are subject to prior sale, change or withdrawal.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/9/2025, 4:45:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/9/2025, 4:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/9/2025, 4:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.