“Daniel was diligent in helping up find a home. When I had any questions, he answered them with clarity. I would highly recommend Daniel to anyone looking for a home!”
eXp Realty
- Agent Pronto
- Mississippi
- Algoma
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Algoma real estate Market Report.
Information and statistics on the latest trends in the Algoma real estate market. *
Latest Rolling 3-Month Snapshot
Jul 1, 2026 - Sep 30, 2026
Median sale price
$142K
-66%
from Q2 '26
Median list price
$312K
+21%
from Q2 '26
Active listings
3
-25%
from Q2 '26
Homes sold
2
No change
from Q2 '26
New pendings
2
No change
from Q2 '26
New listings
1
-75%
from Q2 '26
Quarterly Inventory and Sales Activity for Algoma
Rolling three-month supply and activity totals for the selected period.
Active listings
Quarterly Inventory and Sales Activity for Algoma
Rolling three-month supply and activity totals for the selected period.
Active listings
Quarterly Inventory and Sales Activity for Algoma
Rolling three-month supply and activity totals for the selected period.
Active listings
15
Seller’s Market
Seller’s Market
Buyer’s Market
0
20
40
60
80
100
0
25
50
75
100
Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jul 2026 - Sep 2026).
Algoma currently leans toward sellers, with the market gauge signaling a seller’s market. Months of supply sit around 3.2, which is low enough to keep conditions relatively tight. Very few homes are changing hands at once, so individual listings can have an outsized impact on local trends.
Looking at a rolling three-month view through September 2026, pricing has shifted noticeably. The typical home value over this period is about $142,000, well below the recent June figure of $420,000, highlighting how a couple of higher-end closings can skew earlier data. Median list prices have also dropped sharply year over year, down more than 45 percent compared with last September’s roughly $570,000 level. Inventory has stayed very limited, holding near three active listings at a time, even as list prices and sale prices move around.
Activity patterns show that homes are taking longer to sell than they did earlier in the year. Median days on market have climbed from just 7 days in June to about 33 days in the latest three-month window, giving buyers a bit more breathing room. At the same time, the share of homes selling above list has fallen to zero in the most recent period after reaching 50 percent in June, suggesting less intense bidding pressure. With so few listings, both buyers and sellers can benefit from Agent Pronto’s help connecting with a knowledgeable local agent who understands these shifting dynamics.
Learn more about what Algoma has to offer.
Algoma offers residents a welcoming, close-knit community, practical amenities, and ample opportunities for outdoor recreation and engaging local events.
Algoma stands apart from nearby communities like Pontotoc and Tupelo with its quieter pace and strong ties between neighbors, yet it still provides convenient access to larger-town amenities. Here, daily life centers on family, faith, and shared traditions, which gives the area a grounded sense of identity that appeals to long‑time residents and newcomers alike.
Local schools are a key part of that identity. Families often look to Pontotoc City School District and Pontotoc County Schools when planning a move, and an experienced agent can help you understand how school options intersect with specific neighborhoods and rural properties. For healthcare, shopping, and employment, many residents commute to North Mississippi Medical Center and other services in Tupelo while enjoying a quieter home setting in Algoma.
Outdoor time is easy to find, whether you are driving a few minutes to Trace State Park or enjoying community events and ballfields in nearby Pontotoc County. These connections give Algoma a broader regional feel without losing its small‑community character.
Because the local housing stock includes everything from long‑held family properties to newer builds, timing and preparation matter. Whether you are preparing to list a home in Algoma or hoping to move into the area, Agent Pronto can connect you with a real estate professional who understands the community and can help you take the right steps at the right moment, as both a buyer and a seller.
Trusted by over 500,000 buyers and sellers.
See why so many people rely on Agent Pronto to make their real estate journey a success.
“Jaymie is amazing. she walked us through every step of buying our first home as well as explaining the steps so we understood the process better. she is very thorough, patient, and keeps everything on track. i truly don't think we could have done it without her guidence and help!”
Century 21 J. Carter & Company
“Everything was great. Just price was low but that's because the condo association fee. Out of her control”
Century 21 Busch Realty Group
“It was a pleasure working with Michael. I saw that he was recommended by redfin and I called him. He definitely was very knowledgeable of the market and knew the area very well. From the minute we signed the listing agreement to closing, everything went very smooth. I honestly couldn't believe we closed on time and without any problems at all. I would highly recommend Michael if you are looking to buy or sell a property!”
EXP Realty
“Ms. Kimberly Townsend is an awesome realtor! She assisted us in finding our forever home with all our wants. She went over and beyond to make sure all of our needs were met. We truly appreciate her due diligence to property details that buyers would not have notice. She is very knowledgeable and professional. She explained every step of the home buying process in depth. She made this experience enjoyable! Excellent Job, Ms. Townsend.”
Century 21 Patterson & Associates
“Michelle was great in helping me figure out what to do with my place to make it more appealing to sell. She kept in contact with me regularly with updates on any interest in my place after it was listed. Sadly there wasn't much demand for a place like mine, but Michelle was able to help keep my hopes up with being able to close it out. It did eventually sell, and I'm thankful for that.”
eXp Realty
“Ashley was always ready, willing, and able to help us whenever needed. No matter what day or time it was. She went above and beyond for us. I consider her my first friend here in Mississippi! Thank you so much!!”
D.R. Horton
“Working with Jenny Addy to sell our land was an incredible experience. From start to finish, she made the process seamless and stress-free. Her knowledge of the Oxford market and her strategic approach helped us secure a great deal. Jenny was always available to answer questions, provide updates, and guide us through every step. I couldn’t have asked for a better realtor—she truly exceeded our expectations. If you’re looking to sell, I highly recommend Jenny!”
Oxford Real Estate Collective
“I felt like I had known her all my life. She was very professional but also personable. She always responded to any calls or texts we sent and she would find out any information we needed to know. We told her after talking to her so much the past month that we considered her family and told her we will be checking on her. You could reach her anytime of the day or night and she would always respond. She is a true assest to your company.”
Stars and Stripes Realty
“Melinda Calhoun was absolutely GREAT. She took the time to show us around the area at homes she knew we would like, in addition to many texts and phone calls prior to our trip and after and to date. I would HIGHLY recommend her to anyone looking for a real estate agent who really cares about her clients.”
Coastal Realty Group
“Omg y'all helped us so much. Laila is amazing. She is a go getter, always kept us updated on everything daily, she had our house closed within 30 days and it sold in 4 days. THANK Y'ALL SO MUCH FOR REFERRING US TO LAILA. We would highly recommend her to anyone. Thank you. ”
Crye-Leike Realtors
“We were looking to purchase in Mississippi and needed an agent quickly. Agent Pronto connected us with Tina Andrade. She was extremely knowledgeable and helpful in putting together our real estate purchase in a timely manner! We will definitely be using her again in the future!”
Fast Track Realty
“This was a new experience for me. I was blown away by the person you recommended to me. She was very professional and knowledgeable. She was a pleasure to work with and my house was sold and closed within a month. I would definitely recommend Agent Pronto.”
Front Gate Realty
Frequently Asked Questions
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There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Algoma. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.
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Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
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We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
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No. Agent Pronto is a free service for home buyers and sellers and you are under no obligation to work with our recommended agents. Find your Algoma Realtor® or real estate agent today.