The story of this market
The typical home in ZIP 39755 sells for about $145,000, or $98 per square foot.
Prices are up +3.5% from a year ago, so sellers still have some momentum. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $950 a month.
ZIP 39755 — Pheba
The housing market in 39755 remains stable with modest price appreciation and low inventory levels. Market activity is driven by local demand rather than speculative investment, resulting in a balanced but slow-moving environment. Affordability remains a key factor for local buyers, keeping the median price growth steady.
This ZIP is best suited for local workers, retirees, and families seeking affordable housing in a quiet, rural setting. It is less attractive to commuters or investors looking for high-growth urban amenities.
Median prices moved up 3.5% year over year.
Homes spend a median of 62 days on market with 4.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 26.8% — 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 2.6%/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 2.7%/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 39755, Oktibbeha County MS
Crime rates in this rural area are generally lower than the national average, with property crime being the primary concern. Local law enforcement reports stable trends consistent with regional patterns in the Mississippi Delta.
Schools serving this area are part of the local county district, which faces challenges with funding and standardized test performance compared to state averages. Educational outcomes are generally considered below the state median.
The area is subject to seasonal severe thunderstorm and wind risks, with specific low-lying zones designated as flood-prone. Property insurance premiums are influenced by these regional weather patterns.
Economic momentum is modest, driven primarily by local agriculture, small-scale manufacturing, and public sector employment. Infrastructure development is focused on maintaining existing rural road networks.
Property taxes are assessed at the county level based on millage rates applied to the assessed value of real property. Homestead exemptions are available for primary residences, and agricultural land may qualify for current-use valuation.
Commutes are primarily car-dependent, with residents traveling to nearby regional hubs for employment. Public transit options are not available.
Recreational opportunities are centered on outdoor activities, including local parks and access to nearby fishing and hunting areas. Shopping and dining options are limited to small-scale local businesses.
The rental market is characterized by low turnover and limited inventory, with most units being single-family homes. Investor presence is minimal, and short-term rental activity is negligible.
The economy is anchored by agricultural production and local service industries. Employment is largely concentrated in nearby regional centers.
Transportation is entirely reliant on private vehicles, with no public transit infrastructure serving the area.
Development is limited to small-scale residential improvements and agricultural support facilities.
The county appraisal district conducts periodic reassessments to determine property values for tax purposes.
Parcels are subject to county-wide school district taxes and local utility district assessments where applicable.
Property insurance remains available but is subject to regional risk adjustments for wind and storm damage.
Data retrieved from data.census.gov 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.
Provides basic recreational space and playground facilities for residents.
Public access points to local waterways for recreational fishing.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.