38958, Swan Lake, MS

The 38958 zip code of Swan Lake, MS has a median home value of $161,000. This is higher than the statewide median home value of $130,500. The zip code also has a high percentage of homes with a mortgage, at 73%. This is higher than the statewide percentage of homes with a mortgage at 66%.

There are several factors that may contribute to the high percentage of homes with a mortgage in the 38958 zip code. One reason may be that there are more expensive homes in this area. Another reason may be that there are more affluent residents in this area who may want to take out a mortgage to buy their home.

Despite the high percentage of homes with a mortgage, the average home value in this zip code is still higher than the statewide average. This suggests that there is still potential for homeownership in this area despite the high cost of mortgages.