38702, Greenville, MS

The 38702 zip code of Greenville, MS is located in the eastern part of the state and has a population of around 36,000. The median household income in this zip code is around $50,000 which is lower than the national median household income of $53,046. However, this zip code has a higher percentage of households that are below the poverty line (27%) than the national average (15%).

One reason why home prices in this zip code are lower than elsewhere in Mississippi may be due to its proximity to Memphis. Home prices in Memphis have been increasing rapidly over the past few years and as a result, homes in this area have become more expensive. Additionally, there is a limited number of homes available for sale in this area which may also contribute to low home prices.

Despite these factors, there are still some homes available for purchase in this zip code at reasonable prices. In fact, according to Zillow’s 2018 Home Value Index report, the median home value in this area is $135,000 which is below Mississippi’s statewide median home value of $148,500 but above the national median home value of $225,800. This indicates that there are still opportunities for buyers who are looking for affordable homes within close proximity to major cities.