The story of this market
The typical home in ZIP 38930 sells for about $149,900, or $98 per square foot.
Prices are down 2.1% from a year ago, which gives buyers more room to negotiate. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $655 a month.
ZIP 38930 — Greenwood
The housing market in 38930 remains stable but cautious, characterized by modest price adjustments and a limited inventory of homes. Economic factors, including local employment trends and regional income levels, continue to drive a market that favors affordability over rapid appreciation. Buyers are currently finding a balanced environment with moderate days on market.
This ZIP is well-suited for budget-conscious family buyers and local workers seeking established, affordable housing. It is less attractive to investors looking for high-growth appreciation or commuters requiring access to major metropolitan transit hubs.
Median prices moved down 2.1% year over year.
Homes spend a median of 62 days on market with 4.1 months of supply — a fast-moving market.
13% of listings have cut prices · homes sell at 96.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 9.9% · poverty 31.1% — elevated distress and economic pressure.
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 3.0%/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 3.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 38930, Leflore County MS
Crime rates in Greenwood are higher than the national average, with property crime being the most frequently reported issue. Local law enforcement continues to focus on community policing initiatives to address these regional trends.
Schools in the Greenwood-Leflore Consolidated School District generally face significant challenges with academic performance and resource allocation compared to state averages. Efforts are underway to improve student outcomes through district-wide curriculum updates.
The area is located in a region with moderate flood risk, particularly near the Yazoo River basin. Residents are encouraged to maintain flood insurance as part of their standard property protection strategy.
The local economy is anchored by agriculture, manufacturing, and healthcare, with major employers including the Greenwood Leflore Hospital and various regional processing facilities. Development momentum is currently focused on revitalizing the historic downtown district.
Property taxes are assessed by Leflore County based on the fair market value of real estate, with millage rates set by local school districts and municipal authorities. Homestead exemptions are available for primary residences to reduce the overall tax burden for qualifying homeowners.
Commuting is primarily car-dependent, with most residents traveling within the city or to nearby industrial hubs via US-82 and US-49. Public transit options are extremely limited, making personal vehicle ownership essential for most workers.
The area features several local parks and green spaces, including the Whittington Park, which offers walking trails and community facilities. Shopping and dining are concentrated in the historic downtown area and along the main highway corridors.
The rental market is characterized by steady demand for affordable single-family homes and older apartment complexes. Vacancy rates remain relatively stable, though investor interest in short-term rentals is limited compared to larger urban centers.
The economy is heavily reliant on the agricultural sector, manufacturing, and healthcare services. Greenwood Leflore Hospital serves as a critical anchor employer for the region.
Transportation is dominated by private vehicle use, with US-82 and US-49 serving as the primary arteries for regional travel. There is no significant public transit infrastructure.
Current planning efforts are focused on infrastructure improvements and the adaptive reuse of historic properties in the downtown core.
The Leflore County Tax Assessor manages property valuations, with assessments typically updated on a cyclical basis to reflect market changes.
Parcels are subject to county and municipal tax levies, as well as assessments for the Greenwood-Leflore Consolidated School District.
Property insurance premiums are influenced by the area's flood risk profile, with many properties requiring specialized coverage due to proximity to the Yazoo River.
Data retrieved from data.census.gov using ZCTA 38930 profile.
- Greenwood Mall Shopping Center4.13.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A central community park offering walking paths and recreational space.
The primary commercial hub featuring local boutiques and restaurants.
A major regional medical facility serving the surrounding counties.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.