The story of this market
The typical home in ZIP 39074 sells for about $114,700, or $62 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $450 a month.
ZIP 39074 — Forest
The housing market in 39074 remains stable with low inventory and modest price appreciation. Market activity is driven by local demand for affordable single-family housing, though limited new construction keeps supply tight. Figures for price cuts and specific sales counts are based on limited recent market activity.
This ZIP is best suited for families and long-term residents seeking affordable, low-density living with proximity to regional employment hubs in central Mississippi.
Median prices moved up 2.5% year over year.
Homes spend a median of 120 days on market with 7.6 months of supply — a slower-moving market.
15% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.5% · poverty 19.8% — 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 1.8%/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 1.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 39074, Scott County MS
Crime rates in Forest are generally consistent with rural Mississippi averages, though specific localized trends are not centrally reported for this ZIP.
The area is served by the Scott County School District, which provides standard public education services for the region.
The region is subject to standard Mississippi climate risks, including severe thunderstorms and occasional tornado activity; flood risk is localized to specific low-lying areas.
Economic momentum is driven by local agricultural, manufacturing, and retail sectors, with Forest serving as a regional hub for Scott County.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Mississippi) — Ad Valorem Property Tax: Formula: (True Value × Assessment Ratio) × Millage Rate = Taxes. Class I (single-family owner-occupied) is assessed at a 10% ratio. Homestead exemptions for homeowners over 65 or disabled provide an exemption on the first $7,500 of assessed value.
Commuting is primarily car-dependent, with residents utilizing Highway 80 and Interstate 20 for access to larger employment centers like Jackson.
Local recreation includes access to community parks, nearby state wildlife management areas, and local sports facilities within the city of Forest.
The rental market is characterized by a high share of single-family homes with limited multi-family inventory, resulting in stable but low-turnover vacancy rates.
The local economy is anchored by agriculture, food processing, and regional retail services, providing a stable employment base for the county.
Transportation is dominated by private vehicle use, with I-20 serving as the primary artery for regional transit.
Development is largely focused on small-scale residential infill and commercial expansion along the Highway 80 corridor.
The Scott County Tax Assessor manages property valuations, with assessments typically updated on a cyclical basis.
Parcels are subject to Scott County School District levies and standard municipal utility districts.
Property insurance premiums are influenced by regional wind and storm risk, with standard coverage available through state-admitted carriers.
Data retrieved from US Census Bureau ZCTA profiles.
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. Source: NCES EDGE public school locations 2023-24.
Large-scale outdoor recreation area offering hiking, camping, and fishing.
Features a lake, cabins, and recreational facilities near the ZIP boundary.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.