39111, Magee, MS

Magee, MS is located in the southwestern corner of Mississippi. The zip code 39111 has a population of just over 10,000 people and an average household income of just over $40,000. Magee is a small town that was founded in 1881. It is located on the banks of the Pearl River and has been known for its cotton plantations and rice mills. Today, Magee is a small town that is slowly becoming more suburbanized with new development popping up around the area.

The home equity market in Magee has seen some ups and downs over the past few years, but overall it has been relatively stable. In 2018, there were an estimated 594 homes sold in the zip code with an average sale price of $138,500. This represents a 2% increase from 2017 when there were 571 homes sold with an average sale price of $135,000. The median home value in Magee was $139,500 which was also up 2% from 2017 when it was $137,500. Over the past five years (2015-2018), there have been an estimated 1,872 homes sold in Magee with an average sale price of $141,700 which represents a 3% increase from 2014-2017 when there were 1,716 homes sold with an average sale price of $138,100.

While home values have increased modestly over the past few years in Magee there are still some areas where prices are much higher than others. The neighborhoods near downtown Magee tend to have higher prices due to their proximity to amenities like restaurants and shopping centers. Conversely areas outside of downtown such as rural areas or neighborhoods near schools or parks tend to have lower prices since they are not as developed or convenient for residents nearby.