The story of this market
The typical home in ZIP 38855 sells for about $229,900, or $158 per square foot.
Prices are up +5.2% from a year ago, so sellers still have some momentum. Homes take about 65 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $847 a month.
ZIP 38855 — Mantachie
The Mantachie housing market is experiencing strong appreciation and high demand, recently cited as a top investment market in Mississippi. Low inventory levels and steady interest from local buyers are driving price growth, despite broader state-level economic stagnation. The market remains highly affordable compared to national averages, supporting continued buyer interest.
This ZIP is well-suited for families and local workers seeking affordable, quiet rural living with proximity to the amenities and employment opportunities of Tupelo.
Median prices moved up 5.2% year over year.
Homes spend a median of 65 days on market with 4.2 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.4% · poverty 11.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 38855, Itawamba County MS
Schools serving Mantachie are generally characterized by community-focused rural district standards.
The area is subject to standard regional risks including severe thunderstorms and occasional tornado activity common to Northeast Mississippi.
Economic momentum is driven by local manufacturing and proximity to the Tupelo employment hub.
Property taxes are assessed at the county level in Itawamba; rates are determined by local millage applied to the assessed value of real property.
Residents primarily commute by personal vehicle to nearby Tupelo for employment, with typical drive times ranging from 20 to 30 minutes.
Local recreation includes access to rural outdoor spaces, community parks, and proximity to the Tombigbee River area for fishing and boating.
The rental market is characterized by low inventory and steady demand from local workers, with limited short-term rental saturation.
The local economy is anchored by manufacturing, agriculture, and small-scale retail, with significant reliance on the broader Tupelo labor market.
Transportation is almost exclusively reliant on personal vehicles via state highways; there is no public transit infrastructure.
Development is primarily focused on low-density residential expansion and small-scale commercial improvements along main thoroughfares.
The Itawamba County Tax Assessor manages property valuations based on state-mandated assessment cycles.
Parcels are subject to Itawamba County school district taxes and local municipal utility assessments.
Property insurance premiums are influenced by regional wind and hail risk profiles common to the Mississippi interior.
Mississippi is a non-judicial foreclosure state, allowing for relatively efficient trustee sales following proper notice.
Mississippi is a caveat emptor (buyer beware) state, though sellers must provide specific statutory disclosures regarding property condition.
Data retrieved from Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Chuck E. Cheese4.111.9 mi
- Elvis Presley Birthplace4.711.9 mi
- Huntington Bank Arena4.512.9 mi
- Harveys4.514 mi
- Brick & Spoon4.313.2 mi
- Holland's Bar & Grill3.912 mi
- Elvis Presley Birthplace4.711.9 mi
- Malco Tupelo Commons Cinema Grill4.512.2 mi
- Tombigbee State Park4.510.7 mi
- Veterans Park4.711.7 mi
- Rebound Trampoline Park & Event Zona Bowl - Tupelo412.2 mi
- Elvis Presley Birthplace4.711.9 mi
- Tupelo National Battlefield414.9 mi
- Brices Cross Roads National Battlefield Site4.617.3 mi
- Old Trace and Confederate Gravesites4.810.1 mi
- Ironclad Tattoo Gallery4.910.7 mi
- Tombigbee State Park4.510.7 mi
- Veterans Park4.711.7 mi
- Lake Lamar Bruce4.410.3 mi
- Elvis Presley Birthplace and Park4.811.8 mi
- Saltillo City Park4.611.1 mi
- Bay Springs Marina4.616.1 mi
- Midway Marina4.55.6 mi
- Tupelo National Golf Course4.411.1 mi
- The Mall at Barnes Crossing4.411.9 mi
- Ross Dress for Less4.311.9 mi
- T.J. Maxx4.311.7 mi
- Kohl's4.311.9 mi
- HomeGoods4.411.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Community park providing local green space and recreational facilities.
Nearby regional attraction offering hiking, fishing, and camping.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.