39157, Ridgeland, MS

The 39157 zip code of Ridgeland, MS is located in the southeastern portion of the state and has a population of approximately 25,000. The median household income in this zip code is $41,500 and the median home value is $128,000. Home equity in this zip code has increased by 10% over the past year and home prices are up by 5%.

There are several factors that have contributed to the increase in home equity and home prices in this zip code. First, Ridgeland is a growing community with new development being constructed all around it. Second, there has been an influx of families moving into this area due to its excellent schools and low cost of living. Third, many people who live in this zip code have taken advantage of their homes' equity growth to purchase additional property or invest in real estate ventures. Finally, there is strong demand for housing due to high levels of employment and population growth throughout Mississippi.

Despite these positive trends, there are some challenges facing residents of the 39157 zip code when it comes to buying or selling their homes. One issue is that Ridgeland's economy remains relatively weak compared to other parts of Mississippi which may make it difficult for residents to find buyers for their homes when they want to sell them. Additionally, although home values have increased significantly over the past year, they may still be below where they would be if the market had not been so volatile recently.