Is Shannon, MS 38868 a buyer’s or seller’s market?

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

Shannon is a buyer’s market. With about 11.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply11.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market106Listing to accepted offer
Median price per sq ft$109▲ +15.0% vs. last year

Nearby markets

Guntown 38849Seller’s market $154 /sq ftMooreville 38857Seller’s market $168 /sq ftPlantersville 38862Buyer’s market $104 /sq ftSaltillo 38866Seller’s market $148 /sq ft Browse all markets →

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