The story of this market
The typical home in ZIP 38869 sells for about $142,500.
HUD's fair market rent for a two-bedroom is $906 a month.
ZIP 38869 — Sherman
ZIP 38869 is a low-cost housing market in northeast Mississippi with limited public data available for current market metrics like inventory, days on market, or sales volume. The area is characterized by older housing stock and affordability, with median home values significantly lower than national averages. Most specific market-velocity metrics are not currently published for this ZIP code.
This area is primarily suited for budget-conscious buyers seeking low-cost housing options compared to surrounding Mississippi markets.
Median prices moved sideways 0.0% year over year.
Awaiting this reading — not graded.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 8.1% · poverty 23.2% — a mixed stability profile.
ZCTA 38869, Pontotoc County MS
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Mississippi) — Ad Valorem Property Tax: Formula: (True Value × Assessment Ratio) × Millage Rate = Taxes. Class I (single-family owner-occupied) is assessed at a 10% ratio. Homestead exemptions for homeowners over 65 or disabled provide an exemption on the first $7,500 of assessed value.
Data sourced from ZCTA-level summaries; specific ACS vintage not provided in source.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.