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Water Valley, MS Homes for Sale under $400,000

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  • /48

    $285,000

    • 3 Beds
    • 2.5 Baths
    • 2,117 Sq Ft

    664 County Road 224, Water Valley, MS 38965

    Well-maintained brick home situated on 1.383 acre, offering both space and functionality. The property features a 30x25 shop building with two roll-up doors, perfect for storage, hobbies, or a workshop. Recent updates include an updated HVAC system and a recently replaced 30-year architectural shingle roof, along with an updated kitchen. Inside, the kitchen flows seamlessly into the dining and

    Agent Photo

    Lee McMinn

    McMinn Realty

    664 County Road 224, Water Valley, MS 38965
  • /52

    $298,500

    • 3 Beds
    • 3 Baths
    • 3,583 Sq Ft

    445 County Road 284, Water Valley, MS 38965

    Spacious 3,583 sq. ft. home on 5 beautiful acres located just 10 miles southeast of Water Valley. A welcoming front porch leads into a home featuring hardwood floors, a large kitchen with adjoining dining area, and a cozy wood-burning fireplace. The primary bedroom opens to a private upper-level deck overlooking the surrounding hardwoods, offering a peaceful place to relax. The main level

    Agent Photo

    Lee McMinn

    McMinn Realty

    445 County Road 284, Water Valley, MS 38965
  • /43

    $194,000

    $9K PRICE DROP
    • Land
    • 57.97 Acres
    • $3,347 per Acre

    57.9 ac County Road 291, Water Valley, MS 38915

    This 57.97-acre tract in Calhoun County offers an excellent blend of timber, water, and recreational opportunities. The property features 25-year-old plantation pines that have been thinned twice (2013 and 2021) and a stocked lake that enhances both the beauty and usability of the land. Deer, turkey, and small game are abundant, making it ideal for hunting, a homestead, or a weekend retreat.

    Agent Photo

    Lee McMinn

    McMinn Realty

    57.9 ac County Road 291, Water Valley, MS 38915
  • /18

    $128,000

    • Land
    • 51.7 Acres
    • $2,476 per Acre

    51.7 Acre County Road 56, Water Valley, MS 38965

    Discover 51.7± acres of North Mississippi timberland offering outstanding recreational opportunities and excellent wildlife habitat. Featuring a healthy mix of mature hardwoods and pines, this property provides ideal cover and food sources for deer, turkey, and small game, making it an excellent choice for hunters, outdoor enthusiasts, or anyone looking for a private recreational retreat. Whether

    Agent Photo

    Lee McMinn

    McMinn Realty

    51.7 Acre County Road 56, Water Valley, MS 38965
  • /42

    $275,000

    • 3 Beds
    • 3 Baths
    • 1,261 Sq Ft

    208 Market St, Water Valley, MS 38965

    New construction in Water Valley offering 3 bedrooms and 3 full bathrooms, conveniently located within walking distance of downtown Water Valley. Designed with an open-concept layout, the home features vaulted ceilings in the living room and all three bedrooms, creating a bright and spacious feel. Ceramic tile flooring runs throughout, while the kitchen is appointed with quartz countertops,

    Agent Photo

    Lee McMinn

    McMinn Realty

    208 Market St, Water Valley, MS 38965
  • /33

    $168,500

    $12K PRICE DROP
    • Land
    • 63.2 Acres
    • $2,666 per Acre

    63.20 ± Acres Cr 15, Water Valley, MS 38965

    Discover the possibilities on this outstanding 63.20± acre tract ideally located just 8 miles from Water Valley and 27.3 miles from Grenada. Offering a desirable combination of timber, recreation, and potential homesites, this property is well-suited for investors, outdoor enthusiasts, and those seeking a private rural retreat.The tract features approximately 0.25 miles of frontage along

    Agent Photo

    Lee McMinn

    McMinn Realty

    63.20 ± Acres Cr 15, 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.

    Agent Photo

    Lee McMinn

    McMinn Realty

    51.7 ac County Road 56, Water Valley, MS 38965
  • /7

    $165,000

    • Land
    • 1.1 Acres
    • $150,000 per Acre

    0 S Main St, Water Valley, MS 38965

    Prime Commercial Location! Conveniently situated on the south end of Main Street in Water Valley, this high-visibility 1.10-acre commercial parcel offers outstanding exposure along one of the city's primary commercial corridors. With excellent road frontage, easy access, and strong daily visibility, this property presents an exceptional opportunity for a wide variety of commercial uses, including

    Agent Photo

    Lee McMinn

    McMinn Realty

    0 S Main St, Water Valley, MS 38965
  • /52

    $298,500

    $17K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,470 Sq Ft

    615 N Main St, Water Valley, MS 38965

    Discover the charm of downtown Water Valley living in this beautifully preserved home, just steps from local dining, coffee shops, and the post office. Inside, you'll find antique wood doors, heart pine floors, and tall ceilings that showcase the home's historic character. The modern kitchen offers updated style and function, while the newly added master bath provides everyday luxury. Outside,

    Agent Photo

    Lee McMinn

    McMinn Realty

    615 N Main St, Water Valley, MS 38965
  • /40

    $168,500

    $12K PRICE DROP
    • Land
    • 63.2 Acres
    • $2,666 per Acre

    63.20 ac County Road 15, Water Valley, MS 38965

    63.20 acres conveniently located just 8 miles from Water Valley and 27.3 miles from Grenada. This versatile 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, with remaining CRP payments available. The balance of the acreage consists of mixed hardwood timber, providing excellent

    Agent Photo

    Lee McMinn

    McMinn Realty

    63.20 ac County Road 15, Water Valley, MS 38965
  • /42

    $285,000

    • 3 Beds
    • 3 Baths
    • 1,261 Sq Ft

    210 Market St, Water Valley, MS 38965

    New construction in Water Valley offering 3 bedrooms and 3 full bathrooms, conveniently located within walking distance of downtown Water Valley. Designed with an open-concept layout, the home features vaulted ceilings in the living room and all three bedrooms, creating a bright and spacious feel. Ceramic tile flooring runs throughout, while the kitchen is appointed with quartz countertops,

    Agent Photo

    Lee McMinn

    McMinn Realty

    210 Market St, Water Valley, MS 38965
  • /4

    $165,000

    • Land
    • 1.1 Acres
    • $150,000 per Acre

    1.10 ac S Main St, Water Valley, MS 38965

    Prime Commercial Location! Conveniently situated on the south end of Main Street in Water Valley, this high-visibility 1.10-acre parcel offers excellent exposure along the area's growing commercial corridor. The property is situated in a designated FEMA flood zone. Contact us today for details or to schedule a site visit!

    Agent Photo

    Lee McMinn

    McMinn Realty

    1.10 ac S Main St, Water Valley, MS 38965
  • /29

    $140,000

    • Land
    • 40 Acres
    • $3,500 per Acre

    40 Acres County Road 118, Water Valley, MS 38965

    Discover an excellent opportunity to own 40.00 acres of recreational and investment land conveniently located just northeast of downtown Water Valley. This tract offers a unique chance to establish a long-term timber investment while creating exceptional wildlife habitat and recreational opportunities for years to come.The property was recently clear cut and is scheduled to be

    Agent Photo

    Lee McMinn

    McMinn Realty

    40 Acres County Road 118, 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.

    Agent Photo

    Lee McMinn

    McMinn Realty

    40 ac County Road 118, Water Valley, MS 38965
  • /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
  • /12

    $330,000

    $20K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,533 Sq Ft

    944 Bowles St, Water Valley, MS 38965

    Welcome to this charming cottage style home built in 2023! This beautiful two story home offers 3 bedrooms and 2.5 bathrooms with a thoughtfully designed floor plan that blends modern comfort with timeless charm. Whether you're looking for your first home or a place to grow, this home is one you won't want to miss. Step outside to enjoy the fenced backyard, complete with a 12' x 16' storage shed

    Cerritos Johnson COLDWELL BANKER SOUTHERN REAL ESTATE

    944 Bowles St, Water Valley, MS 38965
  • /27

    $219,900

    $10K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,302 Sq Ft

    358 County Road 550, Water Valley, MS 38965

    Want privacy? Just off Hwy 7 South. This home sits on 3 acres, way off the road. 3 bed 2 baths. Fireplace, workshop. Freshly painted throughout.

    Sherry Fischer RE/MAX Legacy (BOF)

    358 County Road 550, Water Valley, MS 38965
  • /63

    $155,000

    • Land
    • 34.08 Acres
    • $4,548 per Acre

    000 Hwy 32 W, Water Valley, MS 38965

    Discover the perfect blend of recreation, hunting, and homestead potential on this 34.08-acre property. Featuring a beautiful mix of hardwood timber, open pastures, established food plots, and acorn-producing oaks, this tract is loaded with wildlife including deer and turkey. Explore more than a mile of internal trails ideal for ATVs, horseback riding, hiking, or simply enjoying the outdoors. A

    Christopher Suber Matthews Real Estate

    000 Hwy 32 W, Water Valley, MS 38965
  • /23

    $150,000

    • 3 Beds
    • 2 Baths
    • 1,400 Sq Ft

    2640 Highway 315, Water Valley, MS 38965

    Situated on 1.5 beautiful acres this home has so much potential! Barn and workshop. Great investment opportunity or pretty setting to call home.

    Anna Haley Cannon Cleary McGraw

    2640 Highway 315, 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
  • /61

    $375,000

    $50K PRICE DROP
    • 6 Beds
    • 4 Baths
    • 4,179 Sq Ft

    311 Wood St, Water Valley, MS 38965

    Step into history with this stunning 1870 home, full of character, charm, and opportunity. Located just over a block from Main Street, this spacious property offers 6 bedrooms, 4 bathrooms, a big office, and 3 sunrooms/porches, making it ideal for a large family, bed-and-breakfast, or event venue. Set on 1.8 acres, the property also includes additional buildings, one with water and electricity,

    Sherry Fischer RE/MAX Legacy (BOF)

    311 Wood St, Water Valley, MS 38965
  • /25

    $299,000

    • 3 Beds
    • 2 Baths
    • 1,307 Sq Ft

    948 Bowles St, Water Valley, MS 38965

    New construction (built 2024): 3BR/2BA craftsman cottage with 1,307 sq ft of single-story, move-in-ready living - no renovations needed. Open-concept dining, kitchen, and living which features a vaulted ceiling with gas-log fireplace. The kitchen includes white shaker cabinets, quartz-look counters, subway tile backsplash, farmhouse sink, & stainless steel appliances. Primary suite offers a tray

    Carla Davis Oxford Real Estate Collective

    948 Bowles St, 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
  • /39

    $287,500

    $8K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 2,198 Sq Ft

    2360 County Road 225, Water Valley, MS 38965

    Welcome to 2360 County Road 225 in Water Valley, MS! This beautifully renovated 4-bedroom, 2 and a half bathroom home sits on 2.5 acres just 9 minutes from downtown Water Valley and 31 minutes from Oxford. The open-concept living area is perfect for entertaining, while the split floor plan offers privacy with the spacious primary suite separated from the other three bedrooms. The primary suite

    Trenton Madson McMinn Realty

    2360 County Road 225, Water Valley, MS 38965
  • /27

    $159,000

    $11K 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
  • /31

    $325,000

    • 5 Beds
    • 2 Baths
    • 2,900 Sq Ft

    5617 County Road 118, Water Valley, MS 38965

    Spacious 5-Bedroom Brick Home on 5 Acres with Pool & Stocked Pond | Water Valley, MS Welcome to this spacious 5-bedroom, 2-bath brick home offering approximately 2,900 square feet of living space on 5 beautiful fenced acres in Water Valley, Mississippi. Built in 1984, this property features a basement foundation, county water, a septic system, hardwood and carpet flooring, a carport, and numerous

    Daniel Demers Sell Your Home Services, LLC.

    5617 County Road 118, Water Valley, MS 38965
  • /53

    $275,000

    • 3 Beds
    • 2 Baths
    • 2,160 Sq Ft

    6 County Road 3021, Water Valley, MS 38965

    Custom double-wide mobile home conveniently located just minutes south of Oxford! Enjoy peaceful country living from the covered back porch or sunroom overlooking a serene pond. This home features 3 spacious bedrooms, each with large closets, providing plenty of storage. All appliances to remain, including the washer, dryer, and refrigerator, plus a gas range for cooking. Anchor Community Water

    Dawn Lipscomb Cannon Cleary McGraw

    6 County Road 3021, Water Valley, MS 38965
  • /17

    $158,899

    $91K 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. 1.45 acres to be surveyed out of 3.1 acres 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
  • /11

    $192,000

    • 3 Beds
    • 2 Baths
    • 1,200 Sq Ft

    503 Calhoun St, Water Valley, MS 38965

    Welcome home to this low maintenance home in one of North Mississippis's most desirable small towns, WATER VALLEY. This beautifully maintained 3-bedroom, 2-bath home that's move-in ready and feels almost like new! Ideally located within walking distance of charming downtown Water Valley, you'll enjoy easy access to local restaurants, unique shops, parks, and community events. Whether you're

    Pamela Redmond Butler P.A.M. Realty, LLC

    503 Calhoun St, Water Valley, MS 38965
  • /45

    $160,000

    $25K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 2,278 Sq Ft

    566 S Pine Ridge Cir, Water Valley, MS 38965

    Welcome to 566 Pine Ridge Circle in Water Valley, MS! This 3 bedroom, 2.5 bathroom home offers 2,278 square feet of living space on a beautiful 1-acre lot just 1 mile from the Water Valley Boat Ramp, 10 miles from downtown Water Valley, and only 29 miles from Oxford. Designed for those who need room to live, work, and play, this property features two detached carports and a spacious shop with two

    Trenton Madson McMinn Realty

    566 S Pine Ridge Cir, Water Valley, MS 38965
  • /8

    $299,000

    $101K PRICE DROP
    • Land
    • 15 Acres
    • $19,933 per Acre

    1013 Community Park Dr, Water Valley, MS 38965

    This property is an exciting opportunity for a subdivision! Featuring a lovely pond and spacious, level land, it also includes an old barn/workshop and a brick house. Conveniently located just a mile from Hwy 7 and Main Street, this is a fantastic investment in the heart of the city!

    Sherry Fischer RE/MAX Legacy (BOF)

    1013 Community Park Dr, Water Valley, MS 38965
  • /66

    $252,000

    • 4 Beds
    • 2 Baths
    • 2,240 Sq Ft

    222 County Road 102, Water Valley, MS 38965

    Move-in ready and extensively updated! This spacious 2,240 sq. ft. mobile home sits on 2 acres just 3.2 miles from downtown Water Valley and approximately 22 minutes from Oxford. Recent improvements include new covered front porch, new rear deck, fresh interior paint throughout, luxury vinyl flooring in all of the bedrooms, new light fixtures and ceiling fans, plus repaired or replaced doors,

    Daniel Peterson McMinn Realty

    222 County Road 102, Water Valley, MS 38965
  • /30

    $130,000

    $5K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 560 Sq Ft

    201 Ridgewood Dr, Water Valley, MS 38965

    Here's your chance to own your own dual home property situated near Enid Lake on 0.7 acres. Whether you're looking for a weekend getaway, new home, or place for family and friends to gather, this property offers plenty. The first home is 560 sq. ft. featuring 2 bedrooms, 1 bath, propane gas, two water heaters (one tankless, one normal), two lofts for storage or additional bedrooms, covered front

    Kadero Edley Tom Smith Land & Homes

    201 Ridgewood Dr, Water Valley, MS 38965
  • /63

    $329,000

    • 5 Beds
    • 3.5 Baths
    • 2,715 Sq Ft

    607 Market St, Water Valley, MS 38965

    Completely remodeled 5-bedroom, 3.5-bath French Colonial-style home with an attached garage, located just 10-15 minutes from Oxford and Ole Miss! This stunning home features a huge main-level primary suite and has been renovated from top to bottom with three brand-new HVAC units, new electrical, new plumbing, a beautifully redesigned kitchen, completely updated bathrooms, and modern finishes

    Sherry Fischer RE/MAX Legacy (BOF)

    607 Market St, Water Valley, MS 38965
  • /36

    $237,500

    $2K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 2,015 Sq Ft

    108 Blount St, Water Valley, MS 38965

    If you've been searching for a home with soul, you'll want to see 108 Blount Street. From the original front door and hardwood floors to the clawfoot tub and vintage telephone nook, this 1920s home is filled with the kind of character that simply can't be replicated. Set on a fenced double lot with mature fruit and nut trees, a gated driveway, and a welcoming sun porch, the property offers space,

    Hallie Thomas RE/MAX LEGACY

    108 Blount St, Water Valley, MS 38965
  • /77

    $199,900

    $25K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,440 Sq Ft

    826 Blackmur Dr, Water Valley, MS 38965

    Completely remodeled by a licensed contractor from the foundation up to a new metal roof, this private 2-acre retreat features 3 bedrooms and 1 bath. Highlights include new electrical and plumbing systems, a workshop, an attached carport/porch, beautiful wood floors, vaulted ceilings, and charming pocket doors. Located just over a mile from Main Street, the property also has room to build a

    Sherry Fischer RE/MAX Legacy (BOF)

    826 Blackmur Dr, Water Valley, MS 38965

Home Price Trends

Median Sale Price
$215,000
Median Single Family Sale Price
$240,000
Median 2 Bedroom Sale Price
$199,900
Median 1 Bedroom Sale Price
$64,900
Average Price Per Sq Ft
$144
Number of Homes for Sale
14
Last 12 months Home Sales
33
Months of Supply
5.10
Median List Price
$232,450
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
27%
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