Data as of February 2026. Source: Realtor.com.
The SHERMAN, MS real estate market (38869) currently shows 2 active listings, with 1 pending sales. Homes are averaging 121 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 121 days on market compared to 103 days last year.
The median listing price has risen 173.7% year-over-year, from $169,900 to $465,000.
Whether you are buying or selling in SHERMAN, MS, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 295 · Density: 108.1/mi² · Median household income: $60,000
Typical home value: $215,244 · Homeownership: 55.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38869 | Sherman, MS 38869 | 0.0 mi | 2 | $889,900 | $444,950 | $444,950 |
| 38828 | Blue Springs, MS 38828 | 5.0 mi | 6 | $1,520,850 | $252,450 | $253,475 |
| 38801 | Tupelo, MS 38801 | 9.9 mi | 108 | $37,952,712 | $299,900 | $351,414 |
| 38841 | Ecru, MS 38841 | 10.6 mi | 4 | $1,078,000 | $288,500 | $269,500 |
| 38652 | New Albany, MS 38652 | 12.8 mi | 73 | $27,956,518 | $349,950 | $382,966 |
| 38863 | Pontotoc, MS 38863 | 14.6 mi | 39 | $11,701,053 | $249,500 | $300,027 |
| 38824 | Baldwyn, MS 38824 | 15.9 mi | 14 | $3,610,544 | $240,000 | $257,896 |
| 38862 | Plantersville, MS 38862 | 17.9 mi | 6 | $1,132,848 | $185,000 | $188,808 |
| 38650 | Myrtle, MS 38650 | 21.0 mi | 8 | $3,900,568 | $355,000 | $487,571 |
| 38610 | Blue Mountain, MS 38610 | 23.2 mi | 9 | $2,540,439 | $225,000 | $282,271 |
| 38627 | Etta, MS 38627 | 24.1 mi | 2 | $520,000 | $260,000 | $260,000 |
| 38850 | Houlka, MS 38850 | 25.1 mi | 6 | $2,722,398 | $160,500 | $453,733 |
| 38829 | Booneville, MS 38829 | 26.6 mi | 52 | $11,355,344 | $180,000 | $218,372 |
As of February 2026, there are 2 active listings in SHERMAN, MS (zip code 38869), compared to 5 the prior year.
The median listing price in SHERMAN, MS 38869 is $465,000 as of February 2026, a 173.7% increase from $169,900 the prior year.
Homes in SHERMAN, MS 38869 spend an average of 121 days on the market before going under contract, compared to 103 days the prior year.
Based on current inventory and days-on-market data as of February 2026, SHERMAN, MS 38869 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 121 days on market compared to 103 days last year.
With SELL123.com's maximum 3% commission, sellers in SHERMAN, MS 38869 save an estimated $9,300 compared to a typical 5% commission on the median listing price of $465,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.