What Are The Most Costly ZIP Codes In Mississippi? Zillow Data Reveals

We’ve been going state by state, analyzing and figuring out the costliest ZIP codes in every U.S. state. We’re significantly contained in the states alongside the Mississippi River, having beforehand decided the costliest ZIP codes in Arkansas and Louisiana. Now, we now have to flip to the state named for America’s mightiest river — Mississippi.

Many, if not most, housing markets all by means of america skilled a surge in homebuying prepare, starting a while in 2021. Value hikes cooled the frenzy, nonetheless costs are far and away above what that that they had been pre-pandemic. Mississippi witnessed the uptick in its residence values and homebuying prepare. Nonetheless residence worth appreciation, full, was nothing loopy.

Be taught on to hunt out out the costliest ZIP codes in Mississippi in 2024, based completely on the latest data from Zillow’s residence worth index.

The Most Costly ZIP Codes In Mississippi

We made use on data from Zillow’s residence worth index, plus the Census Bureau’s 2023 American Neighborhood Survey, we analyzed 1000’s of ZIP codes from everywhere inside the U.S. We zeroed in on the 345 ZIP codes tracked by Zillow in Mississippi. As a part of our evaluation, we took into consideration the latest month-to-month residence values Zillow has — December 2024 — together with the widespread of 12 months of median residence values from January 2024 to December 2024.

The Prime 5 Most Costly ZIP Codes in Mississippi

ZIP code 39110 is the costliest one in Mississippi. This ZIP code is centered on Madison, which is north of the state capital of Jackson. It furthermore covers Annandale and Gluckstadt, and comprises a strip of coast alongside the Ross R Barnett Reservoir. Incomes in ZIP code 39110 are excessive, nonetheless are significantly excessive relative to Mississippi full. The median family earnings correct proper right here is $122,955, whereas the widespread family earnings is $167,765. Dwelling values undoubtedly elevated during the last 5 years, nonetheless not on the strong charges that absolutely totally different ZIP codes we analyzed displayed. From $287,715 in December 2019, the median residence worth rose by 34.2%, surpassing $386,000 in 2023, and settling at $386,122 in December 2024.

Dwelling values surged reasonably extra contained in the second costliest ZIP code — 38655. This ZIP code is centered on Oxford, the place the well-known school Ole Miss is positioned. Nonetheless for comprehensible postal causes, this ZIP code doesn’t embrace the College of Mississippi itself. There’s a notable hole between median and counsel earnings in ZIP code 38655. The median family earnings is $64,423, whereas the widespread family earnings is $103,067. Dwelling worth appreciation in 38655 was greater than contained in the No. 1 costliest ZIP code. Over the 5 years from December 2019 to December 2024, the median residence worth rose by 57%, from $236,602 to $371,494. The one-year enchancment was a surprising 11.4% from December 2023’s median of $333,574.

The No. 3 costliest ZIP code is 38673 and it’s centered on Taylor, southwest of Oxford. This ZIP code covers an expanse of woodland, full of many lovely houses. The median family earnings in 38673 is $89,150. The counsel family earnings is simply barely greater, at $92,513. Dwelling values correct proper right here grew considerably during the last 5 years. In December 2019, the median residence worth was $226,570. It then proceeded to extend by greater than 60%, reaching $363,402 in December 2024. The house worth appreciation in only one yr was strong, at 9.5%, from a median of $363,402 in December 2023.

The No. 4 costliest ZIP code in Mississippi is 38651. It’s centered on Nesbit and covers an lovely suburban space south of — and all by means of the border from — Memphis, Tennessee. Incomes are excessive in ZIP code 38651, although very balanced within the case of distribution. The median family earnings is $96,667 and the widespread is $111,972. Dwelling worth appreciation was steadier correct proper right here than contained in the No. 2 and no. 3 costliest ZIP codes. From $258,139 in December 2019, the median residence worth rose by 33.5%, to achieve $344,570 in December 2024.

The fifth costliest ZIP code in Mississippi is straight away south of the No. 4 costliest ZIP code. This one, 38632, is centered on Hernando and is type of large, notably from east to west. portion of this ZIP code lies alongside Arkabutla Lake. The median family earnings in 38632 is $90,277, whereas the widespread family earnings is $108,706. The median residence worth was $242,641 in December 2019. It elevated by 35.1% over the next 5 years, reaching $327,769 by December 2024.