The story of this market
The typical home in ZIP 39361 sells for about $344,480, or $193 per square foot.
Prices are down 2.86% from a year ago, which gives buyers more room to negotiate. Homes take about 61 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $911 a month.
ZIP 39361 — Shuqualak
The 39482 housing market is a localized, operator-driven environment where values have seen recent volatility. With a median listing price of approximately $344K and a high homeownership rate, the market remains stable but sensitive to local economic conditions in the Hattiesburg MSA.
This ZIP is best suited for family buyers and those seeking a quiet, rural-suburban lifestyle with proximity to Hattiesburg employment centers.
Median prices moved down 2.9% year over year.
Homes spend a median of 61 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.1% · poverty 15.7% — a stable, low-distress 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 5.8%/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 -2.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 39482
The area is served by the Sumrall Attendance Center, which is part of the Lamar County School District.
The region is subject to standard Gulf Coast weather risks, including severe thunderstorms and potential hurricane-related wind events.
Sumrall is part of the Hattiesburg metropolitan area, benefiting from regional economic spillover and steady residential development.
Property taxes are assessed at the county level in Lamar, Jefferson Davis, Covington, and Marion counties, with rates generally reflecting Mississippi's lower-than-average effective tax burden.
Residents primarily commute by car toward Hattiesburg, the nearest major employment and service hub.
The area features local parks and proximity to rural outdoor activities, with more extensive shopping and dining options located in nearby Hattiesburg.
The rental market is characterized by low vacancy pressure and a high rate of homeownership, with limited institutional investor presence.
The local economy is tied to the broader Hattiesburg MSA, with a mix of local services, education, and regional retail.
Transportation is heavily reliant on personal vehicles, with access to regional highways connecting to Hattiesburg.
Development is primarily focused on low-density residential expansion.
Parcels are subject to Lamar County School District and relevant county-level utility and emergency service districts.
Property insurance premiums are influenced by regional wind and storm exposure common to Southern Mississippi.
Data aggregated from ZCTA-level census reports and local market snapshots.
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.
Primary educational anchor for the town.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.