Water Valley, MS Homes for Sale under $200,000

/8
$109,000
- 2 Beds
- 1 Bath
- 1,000 Sq Ft
3332 County Road 53, Water Valley, MS 38965

Hunting/Fishing camp opportunity 3 minutes from the Water Valley Landing at Enid Lake. This property features a 4.1 acre wooded lot with a cabin on site with two bedrooms, one bathroom, a full functional kitchen, and plenty of covered storage. Located 10 miles from I-55, this property is easily accessible, and it is 35 minutes from Oxford, MS. The cabin is attached to city water, and it utilizes

Spike Treadwell Outdoor Properties, LLC

3332 County Road 53, Water Valley, MS 38965
/29
$140,000
- Land
- 40 Acres
- $3,500 per Acre
40 Acres County Road 118, Water Valley, MS 38965

40.00 acres of recreational land located just northeast of downtown Water Valley. The property was recently clear cut and is scheduled to be sprayed, burned, and replanted, offering an excellent opportunity for future timber investment and wildlife habitat enhancement. Features include a small pond and access via County Road 118 through an adjoining landowner.

Lee McMinn McMinn Realty

40 Acres County Road 118, Water Valley, MS 38965
/18
$128,000
- Land
- 51.7 Acres
- $2,476 per Acre
51.7 Acre County Road 56, Water Valley, MS 38965

51.7± acres of mixed hardwood and pine timber, ideal for deer, turkey, and small game. Property does not have a deeded easement, with current access from County Road 56. Additional 74 acres with a mobile home is available.

Lee McMinn McMinn Realty

51.7 Acre County Road 56, Water Valley, MS 38965
/33
$180,120
- Land
- 63.2 Acres
- $2,850 per Acre
63.20 ± Acres Cr 15, Water Valley, MS 38965

63.20± acres conveniently located 8 miles from Water Valley and 27.3 miles from Grenada. The property offers approximately 0.25 miles of frontage on County Road 15 and includes 14.56 acres of managed 35-year-old plantation pines that were recently thinned and have remaining CRP payments available. The balance of the acreage consists of mixed hardwoods, primarily 18 inches in diameter and under.

Lee McMinn McMinn Realty

63.20 ± Acres Cr 15, Water Valley, MS 38965
/40
$180,120
- Land
- 63.2 Acres
- $2,850 per Acre
63.20 ac County Road 15, Water Valley, MS 38965

63.20 acres conveniently located 8 miles from Water Valley and 27.3 miles from Grenada. The property offers approximately 0.25 miles of frontage on County Road 15 and includes 14.56 acres of managed 35-year-old plantation pines that were recently thinned and have remaining CRP payments available. The balance of the acreage consists of mixed hardwoods, primarily 18 inches in diameter and under.

Lee McMinn McMinn Realty and Land

63.20 ac County Road 15, Water Valley, MS 38965
/26
$145,800
- Land
- 47.6 Acres
- $3,063 per Acre
000 Cr 118, Water Valley, MS 38965

47.6 acres. Secluded. Several building spots. Check out the photos!

Sherry Fischer RE/MAX Legacy (BOF)

000 Cr 118, Water Valley, MS 38965
/35
$109,900

$10K PRICE DROP
- 4 Beds
- 2 Baths
- 1,450 Sq Ft
1320 Boyd St, Water Valley, MS 38965

Recently remodeled and handicap accessible. 4-bedroom and office. It is situated on just over one acre in the city limits. Agent related to the seller.

Sherry Fischer RE/MAX Legacy (BOF)

1320 Boyd St, Water Valley, MS 38965
/27
$165,000

$5K PRICE DROP
- 3 Beds
- 1 Bath
- 1,376 Sq Ft
2174 Cr 53, Water Valley, MS 38965

Been looking for a home near the lake? It's about 1 mile to the entrance to Water Valley. 3-bed, 1-bath with a private entrance in the back bedroom. New flooring, new paint, and a gas fireplace. The central upstairs area is 5 years old. The addition has a new wall AC. Man Cave out back with electric. TVI Fiber internet.

Sherry Fischer RE/MAX Legacy (BOF)

2174 Cr 53, Water Valley, MS 38965
/29
$140,000
- Land
- 40 Acres
- $3,500 per Acre
40 ac County Road 118, Water Valley, MS 38965

40.00 acres of recreational land located just northeast of downtown Water Valley. The property was recently clear cut and is scheduled to be sprayed, burned, and replanted, offering an excellent opportunity for future timber investment and wildlife habitat enhancement. Features include a small pond and access via County Road 118 through an adjoining landowner.

Lee McMinn McMinn Realty and Land

40 ac County Road 118, Water Valley, MS 38965
/17
$179,900

$70K PRICE DROP
- 2 Beds
- 1.5 Baths
- 1,291 Sq Ft
372 County Road 424, Water Valley, MS 38965

This lot has some of the biggest shade trees. Very peaceful place. 1.5 acres to be surveyed out of 3.1 acres , or can buy the additional 1.5 acres with large shop . Home has large Master Bedroom and half bath ensuite. Metal roof . and two smaller workshop/sheds. Great garden spot !

Keith Black Market Realty

372 County Road 424, Water Valley, MS 38965
/56
$165,000
- Land
- 34.08 Acres
- $4,842 per Acre
TBD Highway 32, Water Valley, MS 38965

Looking for your perfect getaway or dream homestead? This 34.08-acre tract has it all — hardwoods, open pastures, food plots, and acorn-bearing oaks that attract abundant wildlife. Enjoy over a mile of trails for hiking, ATV riding, or horseback adventures. A peaceful creek borders the back, while over 900 feet of road frontage offers easy access. Multiple home sites and a large insulated metal

Christopher Suber Matthews Real Estate

TBD Highway 32, Water Valley, MS 38965
/15
$128,000
- Land
- 51.7 Acres
- $2,476 per Acre
51.7 ac County Road 56, Water Valley, MS 38965

51.7 acres of mixed hardwood and pine timber, ideal for deer, turkey, and small game. Property does not have a deeded easement, with current access from County Road 56. Additional 74 acres with a mobile home is available.

Lee McMinn McMinn Realty and Land

51.7 ac County Road 56, Water Valley, MS 38965

Mississippi Yalobusha County Water Valley

Home Trends in Water Valley, MS

On average, homes in Water Valley, MS sell after 75 days on the market compared to the national average of 58 days. The median sale price for homes in Water Valley, MS over the last 12 months is $170,000, consistent with the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$170,000

Median Single Family Sale Price

$223,500

Average Price Per Sq Ft

$129

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

5.40

Median List Price

$224,750

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

In Water Valley, you'll find a diverse selection of properties with 12 homes for sale under $200,000, catering to budget-conscious buyers seeking affordable housing solutions. Whether you're a first-time homebuyer in search of a cozy starter home or an investor eyeing a promising opportunity, these affordable homes provide a gateway into the real estate market in Water Valley, MS.

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