39180, Vicksburg, MS

The 39180 zip code of Vicksburg, MS is located in the northwestern part of the state and includes a population of about 26,000 people. The median household income in this zip code is $41,500, which is significantly lower than the statewide median household income of $53,046. The unemployment rate in this zip code is also significantly higher than the statewide unemployment rate of 3.9%.

Despite these challenges, home prices in the 39180 zip code have increased significantly over the past several years. In January 2018, the median home price was $119,000, which was up from $92,500 in January 2017. Over the past five years (January 2013 to January 2018), the median home price has increased by 116%. This increase has been particularly pronounced in recent years; between January 2017 and January 2018 alone, the median home price increased by 21%.

One potential explanation for this trend is that there are relatively few homes available for sale in this zip code. In December 2017 there were only 54 active listings compared to 191 active listings at this time last year. Additionally, many homes that are available for sale are being sold quickly; as of February 2018 there were only nine homes on the market that had been on the market for more than 90 days. This high demand may be driving up prices even further.

Despite these increases in home prices, it's important to keep in mind that not all homeowners are benefiting from these trends. Approximately one-third (32%) of households living in this zip code are considered " underwater ," meaning they owe more on their mortgage than their house value . This percentage is much higher than average nationwide (14%), but it's still lower than it was a few years ago (39%). Additionally, despite increasing prices overall , low-income households have not seen as large an increase when comparing inflation-adjusted dollars ; as of February 2018 their share of total home values was unchanged from 2013 levels .

In spite of these challenges faced by some homeowners within this zip code , overall housing values appear to be stable or increasing relative to other parts of Mississippi .