The story of this market
The typical home in ZIP 39051 sells for about $156,376, or $98 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 85 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $717 a month.
ZIP 39051 — Carthage
The housing market in 39051 remains stable with modest price appreciation and low inventory levels. Market activity is driven by local demand for affordable housing, though limited by the rural nature of the area and lower median household incomes. Supply remains tight, keeping the market balanced but slow-moving.
This ZIP is best suited for local families and long-term residents seeking affordable homeownership in a rural, small-town setting.
Median prices moved up 2.1% year over year.
Homes spend a median of 85 days on market with 6.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.7% · poverty 20.6% — a mixed stability 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 3.5%/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 3.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 39051, Leake County MS
The area is served by the Leake County School District, which provides public education for the Carthage community.
Economic activity is primarily driven by local agriculture, manufacturing, and small business services within the Leake County region.
Property taxes are assessed at the county level by Leake County, with rates determined by local millage for school and municipal services.
Residents primarily rely on personal vehicles for commuting, with travel times to regional employment hubs in the Jackson metro area averaging over 45 minutes.
Local recreation includes access to community parks and outdoor spaces within Carthage, with proximity to rural hunting and fishing areas.
The rental market is characterized by low inventory and high demand for affordable housing, with rents significantly below the state median.
The economy is anchored by local manufacturing, agricultural operations, and public sector employment within Leake County.
Parcels are subject to Leake County property tax assessments and the Leake County School District jurisdiction.
Data retrieved from U.S. 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.
- Geyser Falls Water Theme Park4.313.9 mi
- Pearl River Resort4.115.8 mi
- Pearl River Resort4.115.8 mi
- McMillan Park4.45.9 mi
- Kosciusko Information Center4.717 mi
- McMillan Park4.45.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides local green space and community gathering areas.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.