The story of this market
The typical home in ZIP 38603 sells for about $121,500, or $85 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 90 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $646 a month.
ZIP 38603 — Ashland
The housing market in ZIP 38603 remains stable with low inventory and modest price growth. Market activity is driven by local demand for affordable, rural residential properties, with limited new construction impacting supply.
This ZIP is best suited for families and individuals seeking affordable, rural living with a slower pace of life and lower cost of housing.
Median prices moved up 2.5% year over year.
Homes spend a median of 90 days on market with 6.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.3% · poverty 21.9% — 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 4.3%/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 3.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 38603, Benton County MS
Schools in the region are primarily served by the Benton County School District, which provides standard public education for the rural population.
The area is subject to standard regional risks including severe thunderstorms and occasional flooding near low-lying areas; insurance coverage is typical for rural Mississippi.
Economic momentum is driven by local agricultural and small-scale manufacturing sectors with limited large-scale industrial development.
Property taxes are assessed at the county level by Benton County; rates are generally low, reflecting the rural nature of the jurisdiction.
Commutes are primarily car-dependent, with residents traveling to nearby regional hubs for employment.
Recreation is centered on outdoor activities, including access to local parks and rural landscapes typical of northern Mississippi.
The rental market is characterized by low inventory and stable demand, primarily serving local workers and families.
The local economy is heavily reliant on agriculture, forestry, and small-scale local government services.
Transportation is entirely reliant on private vehicles, with no public transit infrastructure available.
There are no major large-scale commercial or residential developments currently approved or under construction in this ZIP.
Parcels are subject to standard county-level school and emergency service district taxes.
Property insurance premiums are influenced by regional weather patterns and the rural nature of the housing stock.
Data retrieved from US 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.
- Holly Springs National Forest4.312.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Local hub for community services and small businesses.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.