The story of this market
The typical home in ZIP 38948 sells for about $125,000, or $85 per square foot.
Prices are down 2.1% from a year ago, which gives buyers more room to negotiate. Homes take about 92 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $904 a month.
ZIP 38948 — Oakland
The housing market in 38948 is characterized by low transaction volume and modest price softening. Limited inventory and a high share of renter cost-burdened households reflect a challenging economic environment in this rural Mississippi area.
Median prices moved down 2.1% year over year.
Homes spend a median of 92 days on market with 6.4 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 21.1% · poverty 15.0% — a mixed stability 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 3.1%/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 3.0%/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 38948, Leflore County MS
Data retrieved from data.census.gov ZCTA 38948 profile.
- George P Cossar State Park4.42.9 mi
- George P Cossar State Park4.42.9 mi
- Persimmon Hill Recreation Area4.63.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.