38826 — Lee County, Mississippi Market Snapshot

Housing market data for zip code 38826 in Lee County, Mississippi. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

21 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$429,900

23.7% YoYClosed sales

Days to Sell

29

Median, listing to close

Homes Sold

21

Closed in 2026

Inventory

22

Sale-to-List

0.0%

New Listings

22

Price/SqFt

$170

Pending Sales

21

Conforming Loan Available

Most homebuyers in 38826 can comfortably use conventional financing. The median home price of $429,900 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

Homes in 38826 are moving quickly at 29 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.

Sale-to-List Ratio

The average home in 38826 sells for 100.0% below asking price (0.0% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

Most homebuyers in 38826 can comfortably use conventional financing. The median home price of $429,900 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 38826 are set at the county level.

2026 Loan Limits — Lee County

Property Units Conforming Limit FHA Limit
1 Unit$832,750$541,287
2 Units$1,066,250$693,050
3 Units$1,288,800$837,700
4 Units$1,601,750$1,041,125

Affordability Snapshot — Zip 38826

To purchase the median home at $429,900 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,444.

Monthly Payment

$3,444

Income Required

$147,590

Principal & Interest

$2,649/mo

Down Payment (5%)

$21,495

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 38826.

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Estimated Monthly Payment

$2,811

Principal & Interest$2,231
Property Tax$430
Insurance$150
Loan Amount$343,920
Total Interest$459,118
Income Required$120,453/yr

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