The story of this market
The typical home in ZIP 39338 sells for about $59,600, or $42 per square foot.
Prices are up +3.47% from a year ago, so sellers still have some momentum. Homes take about 240 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 39338 — Louin
The housing market in 39338 is characterized by low price points and very limited transaction volume, reflecting a stable but stagnant rural economy. Median home values remain significantly below national averages, and the market is driven by long-term ownership rather than speculative investment. No major developments or significant price shifts were identified in the current data.
This ZIP is best suited for budget-conscious buyers or those seeking rural, low-density living who are comfortable with longer commutes to regional employment centers.
Median prices moved up 3.5% year over year.
Homes spend a median of 240 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 95% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.9% · poverty 19.8% — 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 0.4%/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 1.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 39338, Jasper County MS
The area is served by the Jasper County School District, which generally faces challenges typical of rural Mississippi districts.
The region is subject to standard Mississippi climate risks, including severe thunderstorms and potential wind damage; flood risk varies by specific parcel location.
Economic momentum is limited, with the area primarily characterized by rural residential and agricultural land use.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Mississippi) — Ad Valorem Property Tax: Formula: (True Value × Assessment Ratio) × Millage Rate = Taxes. Class I (single-family owner-occupied) is assessed at a 10% ratio. Homestead exemptions for homeowners over 65 or disabled provide an exemption on the first $7,500 of assessed value.
Commutes are primarily car-dependent, with residents typically traveling to nearby employment hubs like Bay Springs or Meridian via MS-18.
Recreational opportunities are largely rural, consisting of local outdoor spaces and proximity to regional hunting and fishing areas.
The rental market is thin with limited inventory, primarily consisting of single-family homes; vacancy pressure is slightly higher than the national average.
The local economy is driven by agriculture, forestry, and small-scale local services, with many residents commuting to larger regional hubs.
Transportation is entirely reliant on private vehicles, with MS-18 serving as the primary arterial corridor.
There are no major commercial or residential developments currently reported for this rural ZIP code.
Jasper County Tax Assessor manages property valuations for the area.
Parcels are subject to Jasper County School District taxes and standard county-level utility and emergency service districts.
Property insurance premiums are influenced by regional exposure to severe weather events common in the Mississippi interior.
Data retrieved from US Census Bureau ACS 2024 5-year estimates via SimpleMaps and IncomeByZipCode.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
Extensive rural woodlands providing local outdoor recreation.
Small-scale community facilities serving the town of Louin.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.