39341, Macon, MS

The 39341 zip code of Macon, MS has a median home value of $128,000. This is significantly lower than the statewide median home value of $227,500. The 39341 zip code also has a low home equity percentage of only 12%. This indicates that many homes in this zip code are worth less than their mortgages.

The 39341 zip code also has a high rate of foreclosure filings. In 2016, this zip code had a foreclosure rate of 16%. This is much higher than the statewide foreclosure rate of 5%. It is likely that these high rates are due to the low home equity percentage and the high number of homes in foreclosure.

Overall, it appears that the homeownership rate in the 39341 zip code is low and there is a high rate of foreclosure filings. These factors may be contributing to the declining home values in this area.