The story of this market
The typical home in ZIP 39153 sells for about $137,000, or $85 per square foot.
Prices are down 46% from a year ago, which gives buyers more room to negotiate. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $636 a month.
ZIP 39153 — Raleigh
The 39153 housing market is currently experiencing significant downward price pressure, with the median sale price falling 46% year-over-year to $137,000. Low sales volume and a small inventory base characterize the current environment, suggesting a cooling market. Buyers are currently holding significant leverage as prices adjust to local demand.
Median prices moved down 46.0% year over year.
Homes spend a median of 62 days on market with 3.5 months of supply — a fast-moving 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 11.0% · poverty 15.0% — 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 2.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 39153, Rankin County MS
Data retrieved from data.census.gov ZCTA 39153 profile.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.