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Updated July 2026Zillowmonthly

38632 Real Estate Market Update: Hernando, MS, July 2026

Analysis by INEYA Studio. Data updated July 2026 from Zillow Research.

The latest housing-market numbers for ZIP code 38632 in Hernando, Mississippi, for July 2026: a $372K median sale price, straight from Zillow Research. ZIP-level figures are monthly figures, smoothed over three months by Zillow.

$372K
Median sale price, July 2026
$349K
A year earlier, in 2025
48
Days to pending
98.6%
Sale-to-list
ZIP 38632, Hernando, MS, July 2026. Source: Zillow.
MetricValueMoMYoY
Median sale price$372K▲ +3.5%▲ +6.5%
Days to pending48▼ -11.1%▼ -14.3%
Homes for sale158▼ -0.6%▲ +16.2%
Sale-to-list98.6%▲ +0.3%▲ +0.5%
New listings46▼ -11.5%▲ +15.0%

Figures from Zillow Research (monthly figures, smoothed over three months by Zillow). Verify against your MLS before posting. Not a valuation for a specific home.

What the 38632 numbers say

Prices in Hernando's 38632 ZIP are still climbing. The median sale price reached $371,512, up 6.5% year over year. Pace is steady: a typical listing goes under contract in about 48 days, with sellers getting 98.6% of list price.

With 158 homes for sale and 46 new listings this month, 38632 is currently an active market.

What this means if you sell in 38632

Use these figures to set expectations early with each client. Lead a listing appointment with the $372K median price and the 48-day pace, show the year-over-year direction, and frame 38632 as an active market. A buyer or seller client trusts an agent who knows their exact ZIP, not just the metro average.

How we track the 38632 market

We built LOKAL to pull 38632's numbers straight from Zillow Research, so an agent and a client read from the same source. For July 2026 we recorded a $372K median sale price, +6.5% year over year, a 98.6% sale-to-list ratio and a +3.5% month-over-month move with 158 homes for sale. That compares with roughly $349K a year earlier, in 2025. We refresh every ZIP monthly from Zillow Research, which only publishes a smoothed median once a ZIP has enough transactions, so the median stays reliable instead of noisy. Both sources have published ZIP-level series for years, which is what lets us show month-over-month and year-over-year change here in 2026. LOKAL is independent and not affiliated with Zillow; always verify against your MLS before you publish.

ZIP-code areas follow U.S. Postal Service boundaries; for complementary demographics on 38632 (population, median household income, owner-occupancy), see the U.S. Census Bureau profile for this ZIP Code Tabulation Area. LOKAL covers price and pace; the Census covers who lives there.

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Frequently asked: the 38632 housing market

What is the median home price in ZIP 38632 (Hernando, MS)?
As of July 2026, the median sale price in ZIP 38632 is $371,512 (+6.5% year over year), per Zillow Research. Figures are monthly figures, smoothed over three months by Zillow for this ZIP code.
Is ZIP 38632 a buyer's or seller's market right now?
ZIP 38632 is currently an active market, based on a 98.6% sale-to-list ratio, about 48 days on market for July 2026.
How long do homes take to sell in ZIP 38632?
A typical listing in 38632 goes under contract in about 48 days as of July 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 38632 market data come from?
All figures for 38632 come from Zillow Research: monthly figures, smoothed over three months by Zillow. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Zillow.

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Data credited to its source on every update. LOKAL is independent.

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Data from Zillow Research (ZIP-level market data, monthly figures, smoothed over three months by Zillow), not a valuation for a specific home.