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607 Market St, Water Valley, MS, 38965

5beds
4baths
2,715sqft
$329,000
$121price/sqft
$2,407/moest. monthly cost
$96,280/yrincome needed

About This Home

Welcome home! This magnificently remodeled home offers all the character, charm and great bones of an older home but has been lovingly remodeled for a truly unique and stunning home! It is 5 Bedroom, 3 and a half baths with a 2 car garage. Home sits on an approximately .35 acre lot with mature trees right in beautiful quaint downtown Water Valley. Home has been completely renovated from top to bottom. It features bright and sunny neutral interiors which are complemented by the refinished stunning original hardwood flooring creating an inviting, modern, move in ready atmosphere. The spacious layout offers flexible living with multiple living/dining areas and an inviting flow perfect for everyday living or entertaining. A spacious family room anchored by a fireplace flows seamlessly to an adjacent kitchen, while the dining area sits conveniently beside the kitchen for effortless everyday living and entertaining. The stunning kitchen features premium finishes, custom wood cabinetry with a perfect blend of open shelving and closed cabinet. Living room features a built in custom entertainment wall. Home has been thoughtfully updated with new architectural roof, all new central AC units, new paint, updated electrical and plumbing. All bathrooms have been completely remodeled with custom tile work, kitchen is also completely renovated. Home has a huge master suite with spa like bath featuring a walk in shower and soaking tub featuring custom tile work. Master suite is separate from other bedrooms offering lots of privacy. Master also has 2 huge walk in closets. This home offers incredible value on a completely remodeled home! This one won't last long!

Getting Around

20
WalkingCar-Dependent
0
TransitVery Limited Transit
16
BikeSomewhat Bikeable

Schools

4/10
7/10
Water Valley High SchoolGrades 7-120.1 mi

Construction

Condition

  • Year built: 1965

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Architectural Shingles
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Range,Microwave,Refrigerator

Bedroom

  • Level: Upper

Bedroom

  • Level: Upper

Bedroom

  • Level: Upper

Bedroom

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Room

  • Level: Main

Family Room

  • Level: Main

Features

  • Kitchen Island,Pantry,Walk-In Closet(s),Double Vanity
  • Flooring: Wood
  • Fireplace features: Wood Burning Stove
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,715
  • Total interior livable area: 2,715 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 0503d050006700

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: See Remarks
  • Fencing: Partial

Lot

  • Lot size: 0.31 Acres

Parking

  • Total spaces: 2
  • Parking features: Attached,Concrete
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Lightning
Cold Wave
Heat Wave
Strong Wind
Tornado
Earthquake
Hail
Inland Flooding

FEMA Declared Disasters in Yalobusha County and Mississippi

Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,663$19,956
Home Insurance *$364$4,368
Property Taxes $128$1,536
Electricity $252$3,029
Total$2,407$28,884
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$82,525/yr
40% on housing$72,210/yr
45% on housing$64,186/yr

Mississippi FAIR Plan Programs

Mississippi Windstorm Underwriting Association

Covered
HailHail
WindWind
Visit Website →

Mississippi Residential Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,237Commercial: -4
Total Premiums$1.77M
Total Exposure$137.66M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.4%
8.4%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: -1.9%
-1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$121This listing

vs Other Active Listings

Avg $/sqft

ZIP 38965$117
Yalobusha County$103

vs Homes Sold Last Month

Median $/sqft

ZIP 38965
Yalobusha County$88

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-06Listed for sale$359,000
2021-07-14Sold--
2021-04-29Pending sale$89,900
2021-04-29Listed for sale$89,900
2021-04-12Pending sale$89,900
2021-04-09Listed for sale$89,900

For Sale by Agent

AgentRalph M Harvey
BrokerageListwithfreedom.Com

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