The story of this market
The typical home in ZIP 38957 sells for about $85,000, or $65 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 145 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $549 a month.
ZIP 38957 — Sumner
The housing market in 38957 is characterized by low inventory and slow turnover, typical of a rural Mississippi town. Prices remain stable with minimal year-over-year growth, driven by a lack of new development and a stagnant local economy. The market is primarily composed of long-term residents with a high proportion of renter-occupied housing.
This ZIP is primarily suited for local residents and those seeking low-cost, rural housing; it is not a typical destination for commuters or investors due to the limited market depth.
Median prices moved up 2.5% year over year.
Homes spend a median of 145 days on market with 6.0 months of supply — a slower-moving market.
15% of listings have cut prices · homes sell at 94% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 9.4% · poverty 9.4% — 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 3.0%/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 1.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 38957, Tallahatchie County MS
The area is located in the Mississippi Delta, which is subject to flood risks; property insurance availability and premiums are influenced by regional flood-plain designations.
The local economy is primarily driven by agriculture and small-scale local services with limited new industrial or commercial development momentum.
Property taxes are assessed at the county level in Tallahatchie County; the effective rate is generally lower than the state average, reflecting the rural nature of the jurisdiction.
Recreational opportunities are limited to local community spaces and rural outdoor activities; there are no major regional shopping or entertainment districts within a 3-mile radius.
The rental market is characterized by a high share of renter-occupied housing (approx. 61%) with limited turnover and low-cost inventory.
The economy is heavily reliant on the agricultural sector, which serves as the primary employer for the region.
Transportation is entirely dependent on private vehicles; there is no public transit infrastructure.
There are no major commercial or residential developments currently approved or under construction.
Tallahatchie County assesses property based on agricultural and residential use classifications.
Parcels are subject to standard county-level school and municipal tax districts.
Property insurance premiums are moderate but sensitive to flood-zone mapping in the Mississippi Delta region.
Data retrieved from Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Ground Zero Blues Club4.619.9 mi
- Delta Blues Museum4.619.8 mi
- The Blues Crossroads4.419.2 mi
- Emmett Till Historic Intrepid Center - ETHIC4.611 mi
- Cat Head Delta Blues & Folk Art4.819.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local landmark area reflecting the town's history.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.