The story of this market
The typical home in ZIP 39362 sells for about $125,000, or $85 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $950 a month.
ZIP 39362 — State Line
The housing market in 39362 remains stable with modest price appreciation and low inventory levels. Market activity is driven by local demand and limited new construction, keeping the area affordable relative to broader state trends.
This ZIP is best suited for local workers, retirees, and budget-conscious families seeking affordable housing options in a rural setting.
Median prices moved up 2.4% year over year.
Homes spend a median of 68 days on market with 4.1 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 26.9% · poverty 29.7% — elevated distress and economic pressure.
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 2.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 39362, Neshoba County MS
Crime rates in this area are generally consistent with regional rural Mississippi averages, with property crime being the primary concern. Local law enforcement reports stable trends over the last three years.
Schools serving this ZIP are part of the local public school district, which generally faces challenges with funding and standardized test performance compared to state averages.
The area is subject to seasonal severe thunderstorm and tornado risks common to the region; flood risk is localized to specific low-lying areas near drainage basins.
Economic momentum is modest, driven primarily by local agriculture, small-scale manufacturing, and regional service-sector employment. Infrastructure development is focused on maintaining existing rural road networks.
Property taxes are assessed at the county level based on millage rates set by local school districts, the county, and municipal entities. Homestead exemptions are available for primary residences.
Commuting is primarily car-dependent, with residents typically driving 20-40 minutes to reach larger employment hubs in the region.
Recreational opportunities are largely centered on outdoor activities, including local parks and proximity to regional hunting and fishing areas.
The rental market is characterized by a high share of single-family homes and older multi-family units, with limited new inventory and stable, modest rent growth.
The local economy is anchored by agriculture, forestry, and the gaming/hospitality sector associated with tribal enterprises in the surrounding area.
Transportation is almost exclusively via private vehicle, with no public transit infrastructure available.
Development is limited to small-scale commercial improvements and residential infill.
The Neshoba County Tax Assessor manages property valuations, with assessments typically updated on a cyclical basis.
Parcels are subject to county-wide school district taxes and local fire protection district levies.
Property insurance premiums are influenced by regional wind and hail risk, with availability generally stable for standard residential structures.
Mississippi is a non-judicial foreclosure state, allowing for relatively efficient processing of defaults.
Mississippi law requires sellers to provide a property condition disclosure statement for most residential real estate transactions.
Data retrieved from data.census.gov using ZCTA 39362 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.
A historic site hosting the annual Neshoba County Fair, a major regional cultural event.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.