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

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

Many, if not most, housing markets all by america skilled a surge in homebuying prepare, starting a while in 2021. Price 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. However residence worth appreciation, complete, was nothing loopy.

Be taught on to hunt out out the most expensive ZIP codes in Mississippi in 2024, based totally completely on the most recent knowledge from Zillow’s residence worth index.

The Most Costly ZIP Codes In Mississippi

We made use on knowledge 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 most recent month-to-month residence values Zillow has — December 2024 — together with the frequent 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 most expensive 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 encompasses a strip of coast alongside the Ross R Barnett Reservoir. Incomes in ZIP code 39110 are excessive, nonetheless are significantly excessive relative to Mississippi complete. The median family earnings correct proper right here is $122,955, whereas the frequent family earnings is $167,765. Dwelling values undoubtedly elevated over the past 5 years, nonetheless not on the strong costs that fully 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 much more all through the second costliest ZIP code — 38655. This ZIP code is centered on Oxford, the place the well-known school Ole Miss is situated. However 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 frequent family earnings is $103,067. Dwelling worth appreciation in 38655 was larger than all through 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, filled with many fairly properties. The median family earnings in 38673 is $89,150. The counsel family earnings is solely barely larger, at $92,513. Dwelling values correct proper right here grew considerably over the past 5 years. In December 2019, the median residence worth was $226,570. It then proceeded to extend by larger 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 stunning suburban space south of — and all by the border from — Memphis, Tennessee. Incomes are excessive in ZIP code 38651, although very balanced in relation to distribution. The median family earnings is $96,667 and the frequent is $111,972. Dwelling worth appreciation was steadier correct proper right here than all through the No. 2 and no. 3 costliest ZIP codes. From $258,139 in December 2019, the median residence worth rose by 33.5%, to attain $344,570 in December 2024.

The fifth costliest ZIP code in Mississippi is instantly south of the No. 4 costliest ZIP code. This one, 38632, is centered on Hernando and is form of big, 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 frequent 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.