The story of this market
The typical home in ZIP 39071 sells for about $304,000, or $135 per square foot.
Prices are down 10.06% from a year ago, which gives buyers more room to negotiate. Homes take about 29 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $607 a month.
ZIP 39071
The 39071 market is characterized by accessible pricing near $304K but faces challenges with economic stagnation and vacancy drift. While inventory remains available, the gap between this area and more robust regional markets is not closing, suggesting a cautious outlook for investors and buyers.
This ZIP is suited for investors who understand the local management intensity and long-horizon requirements, as well as buyers seeking accessible entry-level pricing in a rural setting.
Median prices moved down 10.1% year over year.
Homes spend a median of 29 days on market with 3.6 months of supply — a fast-moving market.
27% of listings have cut prices · homes sell at 97% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.3% · poverty 17.8% — 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 7.0%/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 6.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 39071, Madison County MS
The area has faced economic pressure over the last decade, with growth momentum remaining limited compared to stronger regional ZIP codes.
Property taxes are assessed at the county level in Madison County; specific exemptions for homesteads apply to primary residences.
The area features rural landscapes and proximity to local parks and community spaces within the town of Flora.
The rental market shows signs of pressure with observed rent delinquency patterns and a need for careful management to maintain cash flow.
The local economy is primarily driven by small-scale commerce and regional agricultural support, with limited major corporate presence.
Parcels are subject to Madison County tax levies and local school district assessments.
Data retrieved from data.census.gov ZCTA 39071 profile.
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.
Local resource serving the town of Flora.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).