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Hernando, MS 38632 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Hernando, MS inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.11
ActiveActive listings: 7070PendingPending sales: 88
Hernando, MS: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $448k$448kSoldMedian sold price (last 6 months): $390k$390k
What homes actually sell for in Hernando, MS
Distribution of 273 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $335k to $495k
$250k to $300k: 19 sales$250k$300k to $350k: 57 sales57sales$350k to $400k: 53 sales$350k$400k to $449k: 48 sales$449k to $499k: 17 sales$449k$499k to $549k: 15 sales$549k to $599k: 20 sales$549k$599k to $649k: 17 salesMedian $390k

What the numbers say

As of October 5, 2026, Resideline is tracking 70 active listings and 8 pending sales in ZIP code 38632. That pending-to-active ratio of 0.11 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $447,950, while the median of the 273 closed sales Resideline tracked over the last six months was $390,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 38632 for 71 days.

Frequently asked questions

What is the median home price in 38632?

The median closed sale price in Hernando, MS 38632 was $390,000 over the last six months, based on 273 closed sales tracked by Resideline. The middle half of those sales ranged from $335,000 to $495,000.

Is 38632 a buyer's or seller's market?

Resideline is currently tracking 8 pending sales against 70 active listings in 38632, a pending-to-active ratio of 0.11. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 38632 currently looks like a balanced market.

Nearby ZIP code market data

Full Hernando, MS housing market report →

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