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Hernando, MS 38632 Housing Market

Data snapshot: September 14, 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: 6565PendingPending sales: 77
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): $425k$425kSoldMedian sold price (last 6 months): $399k$399k
What homes actually sell for in Hernando, MS
Distribution of 278 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $330k to $480k
$230k to $282k: 18 sales$230k$282k to $333k: 40 sales$333k to $385k: 59 sales$333k$385k to $436k: 60 sales60sales$436k to $488k: 21 sales$436k$488k to $540k: 17 sales$540k to $591k: 17 sales$540k$591k to $643k: 19 salesMedian $399k

What the numbers say

As of September 14, 2026, Resideline is tracking 65 active listings and 7 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 $425,000, while the median of the 278 closed sales Resideline tracked over the last six months was $399,000. 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 62 days.

Frequently asked questions

What is the median home price in 38632?

The median closed sale price in Hernando, MS 38632 was $399,000 over the last six months, based on 278 closed sales tracked by Resideline. The middle half of those sales ranged from $330,000 to $480,000.

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

Resideline is currently tracking 7 pending sales against 65 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

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