Zip Code:

39057, Conehatta, MS

39057 is a Mississippi Zip code within the city of Conehatta and the county of Newton. Its population is roughly 2,391.

The Real Estate Market in the 39057 Zip Code of Conehatta, Mississippi

The 39057 zip code of Conehatta, MS is located in the Mississippi Delta region and has a population of approximately 2,000. The median household income in this zip code is $40,000 and the median home value is $130,000. The percentage of homes that are owner-occupied is approximately 60%, while the percentage of homes that are renter-occupied is approximately 40%.

There has been a significant increase in home equity and home prices in the 39057 zip code over the past five years. In 2012, the median home value was $105,000. By 2016, this value had increased to $130,000. This represents an increase of 44%. Additionally, during this same period there was an increase in the number of homes that were owner-occupied (from 60% to 70%). Conversely, there was a decrease in the number of homes that were renter-occupied (from 40% to 30%). These trends suggest that there is strong demand for housing within this zip code and that homeowners are benefitting from rising prices.

While it appears that homeownership rates have increased within this zip code over time, it should be noted that these rates do not reflect all residents within this area. Specifically, low-income households are more likely to be renters than owners. As such, it is important to consider both homeowner and renter status when examining trends within this zip code.

Overall then, it can be seen that there has been a significant increase in home equity and home prices within the 39057 zip code over recent years. This trend suggests strong demand for housing within this area and indicatesthat homeowners are benefitting from rising prices. While it remains unclear whether all residents within this zipcode are benefiting from these trends equally – due to varying levelsof homeownerhip – overall demand appears to be high enough for everyone involved

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