The story of this market
The typical home in ZIP 38650 sells for about $245,000, or $138 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 52 days to sell. HUD's fair market rent for a two-bedroom is $782 a month.
ZIP 38650 — Myrtle
The housing market in 38650 remains stable with modest price appreciation driven by limited inventory and consistent local demand. While sales volume is low, the market is supported by a steady local economy and affordable entry-level pricing. Buyers are finding a balanced environment, though inventory constraints continue to support current price levels.
This ZIP is well-suited for families and local workers seeking affordable housing in a quiet, rural setting. It is less attractive to commuters requiring transit or investors looking for high-turnover short-term rentals.
Median prices moved up 2.4% year over year.
Homes spend a median of 52 days on market with 3.8 months of supply — a fast-moving 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 2.0% · poverty 12.7% — 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 6.0%/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 4.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 38650, Union County MS
Crime rates in this area are generally lower than the national average, with property crime being the primary concern. Local law enforcement reports stable trends, and the area is considered safer than nearby urban centers.
Schools serving this ZIP are part of the local county district, which maintains a moderate rating. The district focuses on foundational education with a mix of rural and suburban student populations.
The area is subject to standard regional flood and wind risks common to the Mississippi Delta region. Property insurance premiums are stable but reflect the necessity of coverage for severe weather events.
Economic momentum is driven by local manufacturing and agricultural support services. Infrastructure development is focused on maintaining regional connectivity to larger employment hubs.
Property taxes are assessed at the county level based on fair market value. The jurisdiction utilizes a standard millage rate structure with homestead exemptions available for primary residences.
Commutes are primarily car-dependent, with residents traveling to nearby regional employment centers via state highways. Public transit options are not available in this rural ZIP code.
The area features access to local community parks and proximity to regional outdoor recreation areas. Shopping and dining options are concentrated in the nearby town center.
The rental market is characterized by low vacancy pressure and consistent demand for workforce housing. Investor presence is moderate, with a focus on long-term residential rentals.
The economy is anchored by manufacturing, agriculture, and local government services. Employment is stable with a focus on regional industrial parks.
Transportation is dominated by private vehicle use on state and county roads. There is no significant public transit infrastructure.
Development is primarily focused on small-scale residential growth and maintenance of existing commercial infrastructure.
The county appraisal district conducts annual assessments to determine property values for tax purposes.
Parcels are subject to county-wide school district taxes and local utility district assessments.
Property insurance is readily available, though premiums are influenced by regional weather-related risk factors.
The state experiences modest net domestic migration, with growth concentrated in suburban and regional hubs.
Mississippi is a non-judicial foreclosure state, allowing for efficient processing of defaulted mortgages.
Sellers are required to provide a property condition disclosure statement to buyers at the time of sale.
Data retrieved from data.census.gov for ZCTA 38650.
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 local green space and recreational facilities for residents.
The primary commercial hub featuring local businesses and restaurants.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.